AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: SKYX
Report Date: 2026-05-06
Full Report: https://amaly.io/stock/SKYX

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: SKYX Platforms Corp., a provider of safe-smart electrical platform technologies in the Industrials sector, exhibits a permissible core business with no haram revenue streams identified. Financial screening reveals compliant debt (26.48%) and liquidity (6.42%) ratios across standards, but the interest income ratio of 4.68% borders the 5% threshold, necessitating purification. While ratios generally pass, the company's small market capitalization prevents inclusion in major Shariah indices despite meeting screening criteria. ESG factors are positive with low risk and no significant controversies, supporting alignment with Islamic principles of stewardship and welfare. Overall, the stock requires ongoing monitoring for financial stability and growth to enhance compliance prospects.

Primary Compliance Concerns:
- Interest Income Ratio: 4.68% (threshold: 5%)

Purification Requirement: 4.68%
Index Inclusion: Not included in any major Shariah indices

KEY FINANCIAL METRICS
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Debt Ratio: 26.5%
Liquidity Ratio: 6.4%
Interest Income Ratio: 4.7%
Purification Required: 4.68%

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: 2025-12-31

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/SKYX
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.