AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: VSTD
Report Date: 2026-05-15
Full Report: https://amaly.io/stock/VSTD

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: VSTD, operating in an unknown industry, faces substantial Shariah compliance challenges primarily driven by excessively high debt levels that exceed all major financial screening thresholds across AAOIFI, MSCI, and S&P standards. While income-related ratios remain compliant with low non-permissible income at 0%, the debt-to-market capitalization ratio of 120.91% indicates heavy reliance on interest-bearing financing, rendering the company non-compliant under global Shariah indices. Business activities appear permissible based on available data, but insufficient details on subsidiaries and future initiatives warrant ongoing monitoring. ESG factors show low risk with resolved minor controversies, aligning well with Islamic principles of stewardship. Overall, investors should approach with caution, considering purification for any dividends and exploring compliant alternatives in similar sectors.

Primary Compliance Concerns:
- debtRatio: 120.91% (threshold: 30%)
- liquidityRatio: 31.98% (threshold: 30%)

Purification Requirement: 0.60%
Index Inclusion: Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 120.9%
Liquidity Ratio: 32.0%
Interest Income Ratio: 0.0%
Purification Required: 0.60%

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: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-26T00:00:00Z

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