NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Tue, Apr 7 06:45 PM
Tuesday, April 7, 2026 6:45:31 PM
Non-Compliant
WSTNR
Quality Rating
B
Minimal compliance quality
Westin Acquisition Corp (WSTNR), a Special Purpose Acquisition Company (SPAC) incorporated in 2025 and based in Singapore, focuses on mergers and acquisitions without current operational activities. This pre-merger status results in limited financial data, making traditional Shariah screening challenging. The company passes business activity screening but faces liquidity concerns from cash holdings. Overall, it is classified as NON_COMPLIANT due to exclusion from all major Shariah indices, though post-merger potential exists for reassessment.
Purification Required
0.00%
minimal
Minimal purification needed for dividend income
Index Inclusion
S&P
MSCI
DJIM
FTSE
Included in 4 major Shariah indexes
Key Compliance Considerations
- Insufficient operational data for full ratio calculation
- High liquidity ratio from cash holdings potentially involving riba
- Uncertainty in future merger targets impacting business compliance
- Exclusion from all Shariah indices due to SPAC structure
Debt Ratio
0.0%
Liquidity Ratio
100.0%
Interest Income Ratio
0.0%
Purification
0.00%