NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 11:12 PM
Wednesday, April 1, 2026 11:12:42 PM
Shariah Compliant
AXTI
Quality Rating
AAA
Excellent compliance quality
AXTI demonstrates strong overall Shariah compliance primarily driven by inclusion in major Islamic indices, despite a marginal exceedance of the strict AAOIFI debt threshold. The company's financial ratios are favorable under MSCI and S&P methodologies, with negligible non-compliant income. Business activities in its sector appear permissible based on available data. Minor purification is required for interest income. Investors should note methodological differences across authorities.
Purification Required
0.49%
minimal
Minimal purification needed for dividend income
Index Inclusion
S&P
MSCI
DJIM
FTSE
Included in 4 major Shariah indexes
Key Compliance Considerations
- Debt ratio: 31.10% (AAOIFI threshold: 30%)
Debt Ratio
31.1%
Liquidity Ratio
17.9%
Interest Income Ratio
0.0%
Purification
0.49%