AMALY — SHARIAH COMPLIANCE REPORT
==================================
Symbol: TWAV
Report Date: 2026-04-11
Full Report: https://amaly.io/stock/TWAV

EXECUTIVE SUMMARY
------------------
Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: TWAV, with an unknown industry classification, has been evaluated for Shariah compliance using standard financial and business activity screens. The company exhibits strong debt management with a 0% ratio but fails on liquidity (66.87%) and interest income (7.11%) thresholds across major standards. No non-permissible business activities were identified, supporting a purification requirement of 7.11%. Overall, the stock is classified as NON_COMPLIANT due to exclusion from all major Shariah indices, though it shows potential for compliance with financial restructuring.

Primary Compliance Concerns:
- Liquidity ratio exceeds 33% threshold across all standards
- Interest income ratio of 7.11% surpasses 5% limit

Purification Requirement: 7.11%
Index Inclusion: Excluded from all major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM).

KEY FINANCIAL METRICS
----------------------
Debt Ratio: 0.0%
Liquidity Ratio: 66.9%
Interest Income Ratio: 7.1%
Purification Required: 7.11%

INDEX INCLUSION STATUS
-----------------------
S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2026-01-15

REPORTING PERIOD
-----------------
Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-14T00:00:00Z

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