This report evaluates the Shariah compliance of EDSA, a company in its industry, based on financial ratios, business activities, index inclusion, and multi-perspective analysis. Key findings indicate non-compliance primarily due to a high liquidity ratio exceeding thresholds, despite zero debt and no non-permissible income. The business model appears permissible, with low ESG risks. Overall, EDSA is classified as NON_COMPLIANT based on index exclusion, with a B quality rating reflecting strong performance in debt and income metrics but concerns in liquidity management.