AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: FFAI
Report Date: 2026-04-10
Full Report: https://amaly.io/stock/FFAI

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: This report evaluates FFAI's Shariah compliance across financial, business, and governance dimensions, revealing significant challenges due to high debt and anomalous interest income ratios, leading to non-compliance under major standards. Despite permissible core activities in an unknown industry, financial screens fail decisively. No inclusion in Shariah indices confirms overall non-compliance status. ESG factors show medium risk with resolved controversies, but financial issues dominate concerns. Investors are advised to avoid or monitor closely pending remediation.

Primary Compliance Concerns:
- Debt ratio exceeds thresholds across AAOIFI (41% > 33%), MSCI (41% > 33.33%), and S&P (41% > 33%)
- Interest income ratio of 38288.68% vastly exceeds 5% limit for all standards, indicating severe riba exposure
- Anomalous financial data suggests potential reporting issues or non-compliant financing dominance

Purification Requirement: 38.29%
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: 41.0%
Liquidity Ratio: 5.2%
Interest Income Ratio: 38288.7%
Purification Required: 38.29%

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: 2026-02-23T12:00:00Z

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