AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: GSUN
Report Date: 2026-04-03
Full Report: https://amaly.io/stock/GSUN

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: Golden Sun Education Group Limited (GSUN), a provider of education and management services in China, operates in a Shariah-permissible sector focused on primary, secondary schooling, and tutoring. However, the company fails key financial screening criteria due to an exceptionally high debt-to-market capitalization ratio of 184.18%, exceeding thresholds across AAOIFI, MSCI, and S&P standards. Interest income ratio at 10.87% also breaches the 5% limit, necessitating purification, while non-permissible income is negligible at 0%. Business activities are fully compliant with no haram elements identified. Overall, GSUN is classified as non-compliant based on index exclusions, though its education focus offers potential if debt is restructured.

Primary Compliance Concerns:
- Debt Ratio: 184.18% (exceeds 30-33% thresholds)
- Interest Income Ratio: 10.87% (exceeds 5% threshold)

Purification Requirement: 10.87%
Index Inclusion: Not included in any major Shariah indices

KEY FINANCIAL METRICS
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Debt Ratio: 184.2%
Liquidity Ratio: 2.7%
Interest Income Ratio: 10.9%
Purification Required: 10.87%

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: 2025-11-30

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: 2026-02-27T12:00:00Z

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