Is Weave Communications, Inc. (WEAV) Halal?

NYSE Healthcare United States $344M
✓ HALAL
Confidence: 95/100
Weave Communications, Inc. (WEAV) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 12.9% against the AAOIFI threshold of 30%, Weave Communications, Inc. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Health Information Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 12.9%
/ 30%
22.8%
/ 30%
0.9%
/ 30%
0.91%
/ 5%
✓ HALAL
DJIM 12.9%
/ 33%
22.8%
/ 33%
0.9%
/ 33%
0.91%
/ 5%
✓ HALAL
MSCI 29.7%
/ 33%
52.5%
/ 33%
2.0%
/ 33%
0.91%
/ 5%
✗ NOT HALAL
S&P 12.9%
/ 33%
22.8%
/ 33%
0.9%
/ 33%
0.91%
/ 5%
✓ HALAL
FTSE 29.7%
/ 33%
52.5%
/ 33%
2.0%
/ 50%
0.91%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.37
P/B Ratio
4.2
EV/EBITDA
-16.6
EV: $314M
Revenue
$239M
Growth: 17.0%
Beta
1.7
High volatility
Current Ratio
1.2

Profitability

Gross Margin 72.1%
Operating Margin -3.2%
Net Margin -11.7%
Return on Equity (ROE) -37.6%
Return on Assets (ROA) -9.1%

Cash Flow & Balance Sheet

Operating Cash Flow$18M
Free Cash Flow$13M
Total Debt$52M
Debt-to-Equity63.3
Current Ratio1.2
Total Assets$208M

Price & Trading

Last Close$4.52
50-Day MA$5.62
200-Day MA$6.87
Avg Volume2.0M
Beta1.7
52-Week Range
$4.24
$11.34

About Weave Communications, Inc. (WEAV)

CEO
Mr. Brett T. White
Employees
904
Sector
Healthcare
Industry
Health Information Services
Country
United States
Exchange
NYSE
Market Cap
$344M
Currency
USD

Weave Communications, Inc. operates an AI-powered patient communications, engagement, and payments platform for small and medium-sized healthcare businesses. It offers AI-receptionist; Unified Phone Number; Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current patients, provide information at every call, and manage heavy call times; Softphones to make and receive calls from anywhere with an internet connection; Text Messaging and SMS response assistant; Missed Call Text that allows practices to respond when a call is missed; Missed Text Auto-Reply that replies to patient text messages by automatically responding to messages received outside of a practice's normal operating hours; Team Chat, a group messaging solution; and Weave Mobile App. It also provides Weave Reviews and Respond Assistant to request, collect, monitor, and respond to reviews; Weave Email Marketing and Email Assistant to create professional emails; Text Connect to interact with their patients online directly through their websites; and Weave Payments, a payment processing solution. The company provides Weave Digital Forms to collect patient information; Online Scheduling that allows patients to request appointments from the practice's website, send automatic scheduling reminders, and personalize each reminder for the patient; Insurance Eligibility, an insurance tool; Insurance Verification; Practice Analytics that provides real-time data on patient retention, appointment scheduling, treatment acceptance rates, and revenue generation; Call Intelligence; and Weave Enterprise for multi-location healthcare practices comprising dental service organizations, vision, veterinary, and medical groups. The company was formerly known as Recall Solutions, LLC and changed its name to Weave Communications, Inc. in October 2015. The company was founded in 2008 and is headquartered in Lehi, Utah.

Purification Calculator

As a halal stock with 0.91% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Weave Communications, Inc. (WEAV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Weave Communications, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Weave Communications, Inc.'s debt ratio?

Weave Communications, Inc.'s debt ratio is 12.9% 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 29.7%.

Does Weave Communications, Inc. require dividend purification?

Yes, Weave Communications, Inc. has an impermissible income ratio of 0.91%, which means 0.91% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Weave Communications, Inc.'s key financial metrics?

Weave Communications, Inc. has a market capitalization of $344M, and revenue of $239M. The company maintains a gross margin of 72.1% and a net margin of -11.7%. Return on equity stands at -37.6%.

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.