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

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: Inotiv, Inc. (NOTV), a provider of drug discovery and development services in the Healthcare sector, demonstrates permissible core business activities focused on medical diagnostics and research. However, severe financial imbalances, including a debt ratio of 618.26% of market capitalization and an interest income ratio of 11.08%, result in non-compliance across all major Shariah screening standards. The company is excluded from all key Shariah indices due to these metrics, despite a compliant liquidity position and no non-permissible revenue sources. Purification of 11.08% is required for any dividends, and ESG factors show medium risk with minor resolved controversies. Overall, NOTV is not suitable for Shariah-compliant portfolios without significant financial restructuring.

Primary Compliance Concerns:
- Debt Ratio: 618.26% (exceeds 30-33% thresholds across standards)
- Interest Income Ratio: 11.08% (exceeds 5% threshold)

Purification Requirement: 11.08%
Index Inclusion: Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 618.3%
Liquidity Ratio: 26.4%
Interest Income Ratio: 11.1%
Purification Required: 11.08%

INDEX INCLUSION STATUS
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S&P Shariah: INCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 1 of 4
Last Verified: 2026-01-31

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q1 2026
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-04-02T12:00:00Z

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