Is Wharf Real Estate (1997) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 42.4% / 30% | 1.6% / 30% | 0.3% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 42.4% / 33% | 1.6% / 33% | 0.3% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 14.9% / 33% | 0.5% / 33% | 0.1% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 42.4% / 33% | 1.6% / 33% | 0.3% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 14.9% / 33% | 0.5% / 33% | 0.1% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 78.3% | |
| Operating Margin | 72.8% | |
| Net Margin | -33.2% | |
| Return on Equity (ROE) | -2.3% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $6.3B |
| Free Cash Flow | $6.3B |
| Total Debt | $35.5B |
| Debt-to-Equity | 18.3 |
| Current Ratio | 0.2 |
| Total Assets | $238.1B |
Price & Trading
| Last Close | HKD 23.18 |
| 50-Day MA | HKD 26.79 |
| 200-Day MA | HKD 24.38 |
| Avg Volume | 4.2M |
| Beta | 0.6 |
|
52-Week Range
HKD 16.36
| |
About Wharf Real Estate (1997)
Wharf Real Estate Investment Company Limited, an investment holding company, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. It operates through Investment Properties, Development Properties, Hotel, and Investment segments. The company's flagship properties include Harbour City, a commercial space comprising offices, retail shops, serviced apartments, hotels and clubs, and car parking spaces; and Times Square, a retail space that consists of office and car parking spaces. It also owns and operates the Wheelock House and Crawford House commercial properties; The Murray hotel; Plaza Hollywood, a shopping mall with shops, restaurants, and a cinema multiplex; The Star Ferry, which operates two inner harbor ferry services; and Wheelock Place and Scotts Square malls. In addition, the company engages in the leasing and management of retail and office properties, and serviced apartments; property and equity investments; and provision of leasing, finance, treasury, public transport, and management services. Wharf Real Estate Investment Company Limited was founded in 1886 and is headquartered in Kowloon, Hong Kong.
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Frequently Asked Questions
Is Wharf Real Estate (1997) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Wharf Real Estate is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Wharf Real Estate's debt ratio?
Wharf Real Estate's debt ratio is 42.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 14.9%.
What are Wharf Real Estate's key financial metrics?
Wharf Real Estate has a market capitalization of $69.8B. The company maintains a gross margin of 78.3% and a net margin of -33.2%. Return on equity stands at -2.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.