AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: BFLY
Report Date: 2026-06-04
Full Report: https://amaly.io/stock/BFLY

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: BB
Description: Butterfly Network, Inc. (BFLY) operates in the medical technology sector, focusing on portable ultrasound devices. The company demonstrates strong financial compliance with all key Shariah screening ratios well below thresholds. Business activities are permissible, with no non-compliant revenue sources identified. However, due to its small market capitalization, BFLY is not included in major Shariah indices, impacting overall classification. Purification is required at 2.3% for minor interest income.

Primary Compliance Concerns:
- Exclusion from all major Shariah indices due to market size thresholds, despite meeting financial criteria

Purification Requirement: 2.3%
Index Inclusion: Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 3.8%
Liquidity Ratio: 26.3%
Interest Income Ratio: 2.3%
Purification Required: 2.30%

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: 2025-12-15

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: 2026-02-26T00:00:00Z

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Full interactive report: https://amaly.io/stock/BFLY
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.