Is WOORI FINANCIAL GROUP INC. (WF) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| DJIM | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| MSCI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| S&P | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| FTSE | Excluded — Banks - Regional | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 27.8% | |
| Net Margin | 31.4% | |
| Return on Equity (ROE) | 8.8% | |
| Return on Assets (ROA) | 0.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6.1T |
| Free Cash Flow | -$6.5T |
| Total Debt | $82.1T |
| Total Assets | $525.8T |
Price & Trading
| Last Close | $65.25 |
| 50-Day MA | $69.08 |
| 200-Day MA | $58.19 |
| Avg Volume | 81K |
| Beta | 0.7 |
|
52-Week Range
$29.44
| |
About WOORI FINANCIAL GROUP INC. (WF)
Woori Financial Group Inc., together with its subsidiaries, operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally. The company operates through Banking Insurance, Credit Card Capital, Investment Securities, and Others segments. It offers loans, deposits, and relevant services; and contracting and maintenance of insurance policies, payment of insurance benefits, insurance agents and brokers, and provision of life insurance-related services. The company also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, it provides brokerage, lending fees, electronic financial, foreign exchange handling, guarantee, import and export-related services, and foreign currency securities investment, as well as investment trust products, professional services, and private equity funds. Further, the company is involved in real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, and asset securitization. Additionally, it offers life insurance; and retirement pension services, and asset management services. Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.
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Frequently Asked Questions
Is WOORI FINANCIAL GROUP INC. (WF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WOORI FINANCIAL GROUP INC. 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 WOORI FINANCIAL GROUP INC.'s debt ratio?
WOORI FINANCIAL GROUP INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are WOORI FINANCIAL GROUP INC.'s key financial metrics?
WOORI FINANCIAL GROUP INC. has a market capitalization of $16.0B, trailing P/E ratio of 8.1, and revenue of $12.6T. Return on equity stands at 8.8%.
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.