AMALY — SHARIAH COMPLIANCE REPORT ================================== Symbol: MRLN Report Date: 2026-04-06 Full Report: https://amaly.io/stock/MRLN EXECUTIVE SUMMARY ------------------ Compliance Status: NON_COMPLIANT Quality Rating: B Description: Merlin, Inc. (MRLN), a technology company in the Software - Application industry, develops autonomous flight solutions with a focus on aerospace and defense applications. The company is deemed NON_COMPLIANT primarily due to its core business activities involving defense technology, which are prohibited under Shariah principles across major authorities and indices. Financial screening reveals insufficient data for quantitative ratios, but this does not override the qualitative business disqualification. No purification is required as the stock fails business activity screening. Investors are advised to avoid or monitor for potential pivots to civilian-only applications. Primary Compliance Concerns: - Core business in defense and autonomous weapons technology (100% revenue), disqualifying under Shariah business activity rules - Insufficient financial data preventing full quantitative screening, though ratios would likely pass if calculable Purification Requirement: 0.00% Index Inclusion: Not included in any of the major Shariah-compliant indices (S&P Dow Jones, MSCI, FTSE, DJIM). KEY FINANCIAL METRICS ---------------------- Debt Ratio: 0.0% Liquidity Ratio: 0.0% Interest Income Ratio: 0.0% Purification Required: 0.00% INDEX INCLUSION STATUS ----------------------- S&P Shariah: EXCLUDED MSCI Islamic: EXCLUDED DJIM: EXCLUDED FTSE Shariah: EXCLUDED Total: 0 of 4 Last Verified: 2026-01-31 REPORTING PERIOD ----------------- Latest Annual Report: FY 2025 Latest Quarterly Data: Q1 2026 Trend Period: FY 2021 to FY 2025 Data Retrieved: 2026-04-02T12:00:00Z --- Full interactive report: https://amaly.io/stock/MRLN 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.