AMALY — SHARIAH COMPLIANCE REPORT
==================================
Symbol: VALE
Report Date: 2026-04-10
Full Report: https://amaly.io/stock/VALE

EXECUTIVE SUMMARY
------------------
Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: VALE, a leading global mining company, faces Shariah compliance challenges primarily due to high debt and interest income ratios, despite its core business in resource extraction being permissible. Financial screening reveals failures in debt and impure income thresholds across AAOIFI, MSCI, and S&P standards. Business activities align with Islamic principles, but ESG controversies in environmental and labor areas raise additional concerns. Index exclusion confirms non-compliance, with a purification rate of 10.75% recommended for dividends. Overall, the stock is non-compliant, suitable only for monitoring with purification.

Primary Compliance Concerns:
- Debt ratio: 42.17% exceeds 33% threshold across standards
- Interest income ratio: 10.75% exceeds 5% impure income limit

Purification Requirement: 10.75%
Index Inclusion: Excluded from all major Shariah indices (S&P, MSCI, FTSE, DJIM)

KEY FINANCIAL METRICS
----------------------
Debt Ratio: 42.2%
Liquidity Ratio: 9.1%
Interest Income Ratio: 10.8%
Purification Required: 10.75%

INDEX INCLUSION STATUS
-----------------------
S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2025-12-01

REPORTING PERIOD
-----------------
Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-17T12:00:00Z

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