AMALY — SHARIAH COMPLIANCE REPORT
==================================
Symbol: IREN
Report Date: 2026-04-17
Full Report: https://amaly.io/stock/IREN

EXECUTIVE SUMMARY
------------------
Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: IREN Limited, operating in the Financial - Capital Markets industry through vertically integrated data centers and Bitcoin mining, demonstrates strong debt and liquidity positions but fails Shariah financial screens due to an interest income ratio of 15.2%, exceeding the 5% threshold across standards. The company's focus on renewable energy aligns with Islamic principles of stewardship, though the core Bitcoin mining activity remains debated among scholars for potential gharar and maysir elements. No major non-compliant business activities were identified, but incidental interest from operations requires purification. Overall, while ESG factors are positive with low risk, financial purity concerns dominate compliance assessment.

Primary Compliance Concerns:
- Interest Income Ratio: 15.20% (threshold: 5%)

Purification Requirement: 15.20%
Index Inclusion: Not included in any major Shariah indices

KEY FINANCIAL METRICS
----------------------
Debt Ratio: 5.2%
Liquidity Ratio: 3.1%
Interest Income Ratio: 15.2%
Purification Required: 15.20%

INDEX INCLUSION STATUS
-----------------------
S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2025-09-30

REPORTING PERIOD
-----------------
Latest Annual Report: FY 2025
Latest Quarterly Data: Q3 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-27T12:00:00Z

---
Full interactive report: https://amaly.io/stock/IREN
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.