AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: RVNL
Report Date: 2026-05-01
Full Report: https://amaly.io/stock/RVNL

EXECUTIVE SUMMARY
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Compliance Status: COMPLIANT
Quality Rating: AAA
Description: RVNL, a public sector undertaking focused on railway infrastructure development in India, demonstrates strong Shariah compliance through its permissible business activities and favorable financial ratios. The company passes all major screening criteria with low debt levels and negligible non-permissible income. Inclusion in all major Shariah indices confirms its status as a compliant investment, though minor purification is recommended for trace impure income.

Primary Compliance Concerns:
- Minor non-permissible income at 0.2%, requiring purification

Purification Requirement: 0.2%
Index Inclusion: Included in all 4 major Shariah indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, and DJIM.

KEY FINANCIAL METRICS
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Debt Ratio: 12.5%
Liquidity Ratio: 5.0%
Interest Income Ratio: 0.0%
Purification Required: 0.20%

INDEX INCLUSION STATUS
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S&P Shariah: INCLUDED
MSCI Islamic: INCLUDED
DJIM: INCLUDED
FTSE Shariah: INCLUDED
Total: 4 of 4
Last Verified: 2025-11-30

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q3 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-16T12:00:00Z

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