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

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: BBB
Description: The analysis of MGN indicates non-compliance primarily due to core business activities involving gambling and non-compliant entertainment, which violate Shariah principles against maysir and haram content. Financial ratios are strong with zero debt and low interest income, but business screening overrides quantitative metrics. No inclusion in major Shariah indices confirms the non-compliant status. Purification is required for minor impure income, but the overall business model poses disqualifying risks. Investors should avoid or monitor for potential restructuring.

Primary Compliance Concerns:
- Prohibited gambling activities contributing 70% of revenue
- Non-compliant entertainment and resort services (20% revenue)
- Interest income at 0.08% requiring purification

Purification Requirement: 0.08%
Index Inclusion: Excluded from all major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 0.0%
Interest Income Ratio: 0.0%
Purification Required: 0.08%

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: 2025-12-31

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: 2026-02-26T10:00:00Z

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