AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: SMST
Report Date: 2026-04-06
Full Report: https://amaly.io/stock/SMST

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: SMST, operating in the Unknown industry, undergoes Shariah compliance screening revealing non-compliance primarily due to a high interest income ratio of 37.59%, exceeding the 5% threshold across all standards. Debt and liquidity ratios are favorable at 0% and 1.81%, respectively, with no non-permissible business activities identified. The company requires significant purification for any dividends, and exclusion from major Shariah indices underscores the financial ratio concerns. Overall, while the core proptech business model aligns with Islamic principles, income purity issues dominate the assessment.

Primary Compliance Concerns:
- interestIncomeRatio: 37.59% (threshold: 5%)

Purification Requirement: 37.59%
Index Inclusion: Not included in any major Shariah indices

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 1.8%
Interest Income Ratio: 37.6%
Purification Required: 37.59%

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: 2025-11-30

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-15T12:00:00Z

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