WBUY
Quality Rating
WBUY, operating in its industry and sector, demonstrates non-compliance with Shariah standards primarily due to a high debt-to-market capitalization ratio of 73.44%, exceeding thresholds across AAOIFI, MSCI, and S&P methodologies. While liquidity and non-compliant income ratios meet requirements, the debt level disqualifies the company from major Shariah indices. Business activities appear permissible based on available data, with no significant non-compliant revenue streams identified. Investors may consider purification for minor interest income but should monitor debt reduction efforts for future compliance. Overall, the stock is not suitable for Shariah-compliant portfolios without structural changes.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in any major Shariah indices
Key Compliance Considerations
- Debt Ratio: 73.44% (threshold: 30%)
Debt Ratio
73.4%
Liquidity Ratio
22.6%
Interest Income Ratio
3.5%
Purification
3.46%