AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: VELO
Report Date: 2026-04-03
Full Report: https://amaly.io/stock/VELO

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: This report provides a detailed Shariah compliance analysis for VELO, an unknown industry company. Key findings indicate non-compliance primarily due to elevated debt and interest income ratios exceeding standard thresholds across major screening methodologies. While liquidity and non-permissible income ratios are compliant, the overall financial profile raises concerns about riba exposure. Business activities in an unknown sector show no identified non-compliant elements, but insufficient data limits depth. Index exclusion across all major Shariah indices reinforces the non-compliant status, with a quality rating of B reflecting moderate ratio performance offset by failures.

Primary Compliance Concerns:
- Debt ratio of 34.42% exceeds AAOIFI's 30% threshold and other standards' 33-33.33% limits
- Interest income ratio of 22.02% significantly surpasses the 5% threshold across all methodologies

Purification Requirement: 22.02%
Index Inclusion: Excluded from all major Shariah-compliant indices: S&P Dow Jones, MSCI, FTSE, and DJIM

KEY FINANCIAL METRICS
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Debt Ratio: 34.4%
Liquidity Ratio: 4.2%
Interest Income Ratio: 22.0%
Purification Required: 22.02%

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: 2026-02-20T00:00:00Z

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