iQSTEL Inc. (IQST), a provider of telecommunications and technology solutions, demonstrates strong financial compliance with Shariah screening criteria, featuring minimal debt (0.66%), low liquidity holdings (0.08%), and interest income (1.4%) well below thresholds. However, as a micro-cap company, it is not included in any major Shariah indices, leading to an overall NON_COMPLIANT classification per index-based determination. The core business in voice services, SMS, and infrastructure is permissible, with no non-compliant activities identified. Purification is required for the minor interest income portion. Investors may consider it for direct screening but should note the lack of index validation.