AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: KBSX
Report Date: 2026-04-22
Full Report: https://amaly.io/stock/KBSX

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: KBSX demonstrates significant financial non-compliance primarily due to a debt ratio of 108.75% exceeding all major thresholds and an interest income ratio of 6.71% surpassing the 5% limit, while business activities appear permissible based on available data. Exclusion from all major Shariah indices reinforces the non-compliant status, though low non-permissible income and adequate liquidity provide minor positives. Investors should consider purification for any dividends received and monitor debt reduction efforts. Overall, the company requires substantial restructuring for Shariah alignment. This report provides a comprehensive view across financial, business, and ESG dimensions.

Primary Compliance Concerns:
- Debt ratio of 108.75% exceeds AAOIFI's 30% threshold, MSCI's 33.33%, and S&P's 33%
- Interest income ratio of 6.71% exceeds the 5% threshold across all standards

Purification Requirement: 6.71%
Index Inclusion: Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 108.8%
Liquidity Ratio: 20.4%
Interest Income Ratio: 6.7%
Purification Required: 6.71%

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: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-21T10:00:00Z

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