AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: AUID
Report Date: 2026-07-27
Full Report: https://amaly.io/stock/AUID

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: authID Inc. (AUID) operates in the Software - Infrastructure industry, providing biometric identity verification and payment processing solutions. While the core business activities are generally permissible under Shariah principles, the company fails financial screening due to a high interest income ratio of 45.83%, exceeding the 5% threshold across major standards. Debt and liquidity ratios are compliant, and no significant non-permissible business activities were identified. ESG factors show low risk with strong governance and no major controversies. Overall, the stock is non-compliant based on index exclusions, requiring full purification of dividends.

Primary Compliance Concerns:
- Interest income ratio of 45.83% exceeds 5% threshold, indicating significant riba exposure from payment processing activities

Purification Requirement: 45.83%
Index Inclusion: Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 5.8%
Interest Income Ratio: 45.8%
Purification Required: 45.83%

INDEX INCLUSION STATUS
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S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2025-12-31

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-03-01T00:00:00Z

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Full interactive report: https://amaly.io/stock/AUID
Provided by Amaly (https://amaly.io) — Shariah Compliant Stock Screener
Disclaimer: This data is for informational purposes only and does not constitute financial or religious advice.