1. Acceptance of Terms

By accessing or using the website at https://shariahsignal.com, our mobile applications, APIs, or related services (collectively, the "Platform"), you agree to be legally bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you must immediately discontinue use of the Platform.

These Terms apply to all visitors, registered users, subscribers, and any other parties accessing or interacting with our quantitative screening tools.

2. Nature of Analytical Software & No Fiduciary Duty

ShariahSignal provides mathematical implementations of published Islamic financial standards (such as AAOIFI Standard No. 21 and the Dow Jones Islamic Market methodology). You acknowledge that:

• Algorithmic Execution: All Shariah compliance badges, financial ratio scores (Debt/Assets, Cash/Assets, Receivables/Assets), Altman Z-Scores, Piotroski F-Scores, and Discounted Cash Flow (DCF) intrinsic value estimates are computed algorithmically from public regulatory filings.
• No Fiduciary Relationship: Using ShariahSignal does not establish an investment advisory, broker-dealer, fiduciary, or scholar-client relationship between you and AIA Innovations Ltd or any of its officers.
• User Sole Responsibility: You are solely responsible for evaluating the risks and merits of any financial investment. Past performance of quantitative backtests, swing signals, or fundamental scores does not guarantee future results.

3. Shariah Jurisprudence & Scholar Differences

Islamic jurisprudence (Fiqh al-Mu'amalat) contains legitimate diversity of opinion among contemporary scholars regarding corporate equity screening. While ShariahSignal implements the published standards of AAOIFI, DJIM, FTSE, and MSCI:

• Different Shariah supervisory boards apply differing denominators (e.g., Total Assets vs. Trailing 24-Month or 36-Month Market Capitalization) and differing accounts receivable ceilings (33% vs. 67%).
• A company classified as "Compliant" under one standard may be classified as "Doubtful" or "Non-Compliant" under another.
• Quarterly balance sheet drift may cause a company's financial debt or interest-earning liquidity to cross thresholds between reporting periods.
• Investors are advised to consult their personal Islamic scholars or supervisory boards regarding specific stock holdings and dividend purification obligations.

4. Data Sources, As-Is Warranty & Limitations

The Platform ingests data from regulatory repositories (SEC EDGAR, MCA, BSE, NSE) and market data providers. While we strive for absolute accuracy, financial markets involve data feed delays, reporting restatements, and exchange latencies.

THE PLATFORM IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TIMELINESS, OR NON-INFRINGEMENT. AIA INNOVATIONS LTD DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF VIRUSES.

5. User Conduct & Acceptable Use

When using ShariahSignal, you agree that you will not:

• Scrape, crawl, or harvest bulk financial data or proprietary screening scores using automated bots without written API authorization.
• Reverse-engineer, decompile, or copy the underlying proprietary algorithms, scoring formulas, or codebase.
• Resell, redistribute, or syndicate ShariahSignal analytics as a commercial service without express partnership agreements.
• Attempt to interfere with platform infrastructure, bypass authentication, or execute denial-of-service attacks.

6. Limitation of Liability & Indemnification

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL AIA INNOVATIONS LTD, ITS DIRECTORS, EMPLOYEES, OR AFFILIATES BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES (INCLUDING LOSS OF PROFITS, INVESTMENT LOSSES, TRADING LOSSES, CAPITAL IMPAIRMENT, OR LOSS OF DATA) ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE PLATFORM.

You agree to defend, indemnify, and hold harmless AIA Innovations Ltd from and against any claims, liabilities, damages, losses, and expenses (including legal fees) arising from your violation of these Terms or your investment decisions.

7. Governing Law & Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the Republic of India, without regard to its conflict of law principles. Any dispute, controversy, or claim arising out of or relating to these Terms shall be subject to the exclusive jurisdiction of the competent courts situated in Bengaluru, Karnataka, India.

8. Legal & Compliance Contact

For inquiries regarding these Terms of Service or regulatory disclosures, contact:

Legal Desk: AIA Innovations Ltd
Email: contact@aiainnovations.in
Platform: https://shariahsignal.com