AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: IPST
Report Date: 2026-04-07
Full Report: https://amaly.io/stock/IPST

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: This report evaluates IPST's Shariah compliance across financial, business, and governance dimensions. While debt and liquidity ratios meet thresholds, the exceptionally high interest income ratio of 186.12% results in non-compliance under standard screens. No non-permissible business activities are identified, but income purity issues dominate. Index exclusion reinforces non-compliant status. Investors should consider purification and consult scholars for fintech-specific rulings.

Primary Compliance Concerns:
- Interest income ratio of 186.12% exceeds 5% threshold across all standards
- Potential riba exposure in fintech operations

Purification Requirement: 186.12%
Index Inclusion: Not included in any of the four major Shariah-compliant indices

KEY FINANCIAL METRICS
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Debt Ratio: 27.3%
Liquidity Ratio: 0.0%
Interest Income Ratio: 186.1%
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: 2025-11-30

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

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