AMALY — SHARIAH COMPLIANCE REPORT
==================================
Symbol: NVNO
Report Date: 2026-10-09
Full Report: https://amaly.io/stock/NVNO

EXECUTIVE SUMMARY
------------------
Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: NVNO, a medical device company in an unknown industry, exhibits strong business activity compliance but faces challenges in financial screening due to elevated liquidity ratios. While debt and income metrics meet Shariah thresholds, the high cash holdings relative to market capitalization lead to non-compliance under major standards. No inclusion in Shariah indices confirms the overall non-compliant status, though purification is not required due to zero non-permissible income.

Primary Compliance Concerns:
- Elevated liquidity ratio (75.94%) exceeding thresholds across AAOIFI, MSCI, and S&P standards
- Insufficient data for precise non-permissible income assessment, though estimated at 0%

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

KEY FINANCIAL METRICS
----------------------
Debt Ratio: 1.9%
Liquidity Ratio: 75.9%
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: 2026-01-01

REPORTING PERIOD
-----------------
Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-22T12:00:00Z

---
Full interactive report: https://amaly.io/stock/NVNO
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.