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Wed, May 6 03:50 PM
Non-Compliant

AMWL

Quality Rating

B
Minimal compliance quality

American Well Corporation (AMWL), a telehealth services provider, undergoes Shariah compliance screening revealing non-compliance primarily due to an excessively high liquidity ratio indicating significant interest-bearing asset exposure. While debt levels are low and the core business in digital healthcare is permissible, financial metrics fail key thresholds across standards. No major business activity concerns exist, but purification is required for minor interest income. Index exclusion reinforces the non-compliant status, with recommendations for monitoring liquidity management improvements.

Purification Required
5.21%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM).

Key Compliance Considerations

Debt Ratio

6.5%

Liquidity Ratio

198.3%

Interest Income Ratio

5.2%

Purification

5.21%