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

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: Shift4 Payments, Inc. (FOUR) operates in the Software - Infrastructure industry, providing payment processing and technology solutions. While its core business activities are generally permissible under Shariah principles, the company's financial ratios, particularly the debt ratio of 36.58%, result in non-compliance across major screening standards. No significant non-compliant revenue streams were identified, but purification of 3.73% is required for incidental interest income. The stock is excluded from all major Shariah indices due to leverage concerns. Overall, it is classified as NON_COMPLIANT, with a compliance quality rating of B.

Primary Compliance Concerns:
- Debt Ratio: 36.58% exceeds thresholds across AAOIFI (30%), MSCI (33.33%), and S&P (33%)
- Potential incidental non-compliant income from financial integrations requiring purification

Purification Requirement: 3.73%
Index Inclusion: Excluded from all major Shariah indices (S&P, MSCI, FTSE, DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 36.6%
Liquidity Ratio: 18.5%
Interest Income Ratio: 3.7%
Purification Required: 3.73%

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: 2026-01-31

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q1 2026
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-04-02T12:00:00Z

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