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

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: MSOX, an ETF tracking the US cannabis sector, fails Shariah compliance primarily due to involvement in haram activities related to intoxicants. Financial ratios cannot be assessed due to insufficient ETF data, but business activity screening disqualifies it across standards. No inclusion in major Shariah indices confirms non-compliance. ESG factors reveal moderate to high risks in environmental and social areas, with ongoing controversies. Investors should avoid or seek purification, though core haram nature limits viability.

Primary Compliance Concerns:
- Core business activity in cannabis (intoxicants) exceeds permissible thresholds
- Insufficient financial data prevents ratio-based assessment, but does not override haram classification
- Exclusion from all major Shariah indices due to sector focus
- ESG controversies in labor and environmental areas amplify compliance risks

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah-compliant indices

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 0.0%
Interest Income Ratio: 0.0%
Purification Required: 0.00%

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: 2026-02-21T12:00:00Z

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