وَمَنْ قَتَلَ مَا لَا يُؤْكَلُ لَحْمُهُ مِنَ الصَّيْدِ، كَالسِّبَاعِ وَنَحْوِهَا، فَعَلَيْهِ الْجَزَاءُ، وَلَا يَتَجَاوَزُ بِقِيمَتِهِ شَاةً.
Translation: Whoever kills protected game whose meat is not eaten, such as predators and the like, owes compensation, but its assessed value does not exceed that of a sheep.
The word al-sibaʿ refers here to other predatory game outside the specific listed exceptions.
The clause has two parts: compensation is due, but the assessed amount is capped at the value of a sheep.
Therefore it is wrong either to exempt every predator automatically or to ignore the ceiling for this category.