AMALY — SHARIAH COMPLIANCE REPORT ================================== Symbol: SDA Report Date: 2026-05-20 Full Report: https://amaly.io/stock/SDA EXECUTIVE SUMMARY ------------------ Compliance Status: NON_COMPLIANT Quality Rating: BBB Description: SunCar Technology Group Inc. (SDA) operates in the Auto - Dealerships industry, providing digitalized automotive after-sales services and insurance intermediation in China. Financial ratios indicate strong compliance with Shariah screening thresholds across AAOIFI, MSCI, and S&P standards, with low debt (25.5%), liquidity (18.18%), and impermissible income (0.73%). However, the insurance intermediation segment raises concerns under stricter interpretations due to potential gharar and riba elements. Index inclusion research shows exclusion from all major Shariah indices, leading to a non-compliant overall status. Purification is required at 0.73% for minor impermissible income. Primary Compliance Concerns: - Exclusion from all major Shariah indices due to business activity screening on insurance intermediation - Potential non-permissible elements in insurance brokerage under strict GCC standards Purification Requirement: 0.73% 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 ---------------------- Debt Ratio: 25.5% Liquidity Ratio: 18.2% Interest Income Ratio: 0.0% Purification Required: 0.73% 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: Q4 2025 Trend Period: FY 2020 to FY 2025 Data Retrieved: 2026-04-02T12:00:00Z --- Full interactive report: https://amaly.io/stock/SDA 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.