AMALY — SHARIAH COMPLIANCE REPORT ================================== Symbol: ZNB Report Date: 2026-04-02 Full Report: https://amaly.io/stock/ZNB EXECUTIVE SUMMARY ------------------ Compliance Status: NON_COMPLIANT Quality Rating: B Description: ZNB operates in an unknown industry with limited public profile data. The analysis reveals severe non-compliance primarily due to exceptionally high debt and liquidity ratios relative to market capitalization, alongside a core business model involving interest-based activities typical of conventional financial institutions. While non-permissible haram income is estimated at 0%, the interest income ratio exceeds thresholds significantly. No inclusion in major Shariah indices confirms the non-compliant status. Investors are advised to avoid or seek alternatives in compliant sectors. Primary Compliance Concerns: - Excessive debt ratio of 3804.78% far exceeding all thresholds (AAOIFI: 30%, MSCI: 33.33%, S&P: 33%) - High liquidity ratio of 956.28% violating liquidity benchmarks across standards - Interest income ratio of 278.13% surpassing the 5% purification threshold, indicating structural riba involvement - Core business activities in conventional finance rendering the entity non-compliant under business screening Purification Requirement: 278.13% Index Inclusion: Not included in any of the four major Shariah-compliant indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or Dow Jones Islamic Market. KEY FINANCIAL METRICS ---------------------- Debt Ratio: 3804.8% Liquidity Ratio: 956.3% Interest Income Ratio: 0.0% Purification Required: 0.00% INDEX INCLUSION STATUS ----------------------- S&P Shariah: EXCLUDED MSCI Islamic: EXCLUDED DJIM: EXCLUDED FTSE Shariah: EXCLUDED Total: 0 of 4 Last Verified: 2025-12-31 REPORTING PERIOD ----------------- Latest Annual Report: FY 2025 Latest Quarterly Data: Q4 2025 Trend Period: FY 2020 to FY 2025 Data Retrieved: 2026-02-20T00:00:00Z --- Full interactive report: https://amaly.io/stock/ZNB 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.