Is Where Food Comes From, Inc. (WFCF) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.1% / 30% | 3.3% / 30% | 3.0% / 30% | 0.14% / 5% | ✓ HALAL |
| DJIM | 4.1% / 33% | 3.3% / 33% | 3.0% / 33% | 0.14% / 5% | ✓ HALAL |
| MSCI | 16.6% / 33% | 13.1% / 33% | 11.9% / 33% | 0.14% / 5% | ✓ HALAL |
| S&P | 4.1% / 33% | 3.3% / 33% | 3.0% / 33% | 0.14% / 5% | ✓ HALAL |
| FTSE | 16.6% / 33% | 13.1% / 33% | 11.9% / 50% | 0.14% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 38.2% | |
| Operating Margin | -1.0% | |
| Net Margin | 6.2% | |
| Return on Equity (ROE) | 16.0% | |
| Return on Assets (ROA) | 5.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $1M |
| Total Debt | $943,000 |
| Debt-to-Equity | 10.1 |
| Current Ratio | 2.0 |
| Total Assets | $13M |
Price & Trading
| Last Close | $13.75 |
| 50-Day MA | $11.86 |
| 200-Day MA | $11.91 |
| Avg Volume | 2K |
| Beta | 0.2 |
|
52-Week Range
$9.26
| |
About Where Food Comes From, Inc. (WFCF)
Where Food Comes From, Inc., together with its subsidiaries, operates as a third-party food verification company in North America. The company conducts on-site and desk audits to verify claims about livestock, food, other specialty crops, and agricultural and aquaculture products; offers various value-added services, including verification, certification, consulting, and other professional services; and sells hardware and technology solutions. It serves farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands, chefs, and restaurants, as well as beef and pork packers, organic producers and processors, and specialty retail chains. The company was formerly known as Integrated Management Information, Inc. and changed its name to Where Food Comes From, Inc. in December 2012. Where Food Comes From, Inc. was founded in 1996 and is based in Castle Rock, Colorado.
Purification Calculator
As a halal stock with 0.14% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Where Food Comes From, Inc. (WFCF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Where Food Comes From, 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 Where Food Comes From, Inc.'s debt ratio?
Where Food Comes From, Inc.'s debt ratio is 4.1% 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 16.6%.
Does Where Food Comes From, Inc. require dividend purification?
Yes, Where Food Comes From, Inc. has an impermissible income ratio of 0.14%, which means 0.14% 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 Where Food Comes From, Inc.'s key financial metrics?
Where Food Comes From, Inc. has a market capitalization of $68M, trailing P/E ratio of 44.5, and revenue of $25M. The company maintains a gross margin of 38.2% and a net margin of 6.2%. Return on equity stands at 16.0%.
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.