AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: EDSA
Report Date: 2026-04-29
Full Report: https://amaly.io/stock/EDSA

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: This report evaluates the Shariah compliance of EDSA, a company in the Unknown 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.

Primary Compliance Concerns:
- Liquidity ratio exceeds thresholds across AAOIFI (30%), MSCI (33.33%), and S&P (33%) standards
- Insufficient data for precise interest and non-permissible income calculations, though estimated at 0%
- High cash holdings relative to market cap, common in development-stage firms

Purification Requirement: 0.00%
Index Inclusion: Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 123.4%
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 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-24T12:00:00Z

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