Agereh Technologies Inc

AUTO.V

Not Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro Cap

Agereh Technologies Inc is not Shariah Compliant because it fails the financial ratios.

-

Impure Income*

$0.000

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
$0.00
1356.11%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-888.20%
-507.13%
0.44
0.45
0.00%

Shariah Compliance

  • Updated on April 29, 2026
Debt
81.19%
✗
Non-Compliant Assets
0.22%
✓
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
57.02%
✗
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
59.87%
✗
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
100%
✗
Cash
68.14%
✗
Cash & AR
77.37%
✗
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
100%
✗
Cash
68.14%
✗
Cash & AR
77.37%
✗
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Agereh Technologies Inc., formerly Carbeeza Inc., is a Canada-based software company. The Company has developed and commercialized a technical platform powered by artificial intelligence (AI) for the automotive industry. The Company’s platform provides an intelligent automotive marketplace with AI finance functionality and data analysis. It provides transparency and eliminates the pain points faced by consumers when purchasing a vehicle. The Company’s subsidiary, Carbeeza Holdings Ltd. has developed the software application (the API Platform), which is the key enabling technology of the Company’s sales platform. The API platform is a one-stop marketplace for consumers, dealers, and lenders to meet and transact. The platform allows consumers to research vehicles, find financing options and negotiate the lowest prices for their preferred vehicle from anywhere in the world. The API platform provides dealers and dealerships with a new sales channel.

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