AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: CSTE
Report Date: 2026-05-13
Full Report: https://amaly.io/stock/CSTE

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: Caesarstone Ltd. (CSTE) operates in the engineered stone manufacturing sector, which is generally permissible under Shariah principles. However, the company's financial metrics, particularly high debt and liquidity ratios relative to market capitalization, result in non-compliance with major Shariah screening standards. No non-permissible income sources were identified, supporting a zero purification requirement. Index inclusion research confirms exclusion from all major Shariah indices due to financial thresholds. Overall, CSTE is assessed as non-compliant, with recommendations for monitoring debt reduction efforts.

Primary Compliance Concerns:
- Debt ratio of 147.42% exceeds all thresholds (AAOIFI: 30%, MSCI: 33.33%, S&P: 33%)
- Liquidity ratio of 114.95% exceeds all thresholds (AAOIFI: 30%, MSCI: 33.33%, S&P: 33%)

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 147.4%
Liquidity Ratio: 115.0%
Interest Income Ratio: 0.0%
Purification Required: 0.00%

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 2024
Latest Quarterly Data: Q3 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-22T12:00:00Z

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