Is WF Holding Ltd (WFF) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.5% / 30% | 8.7% / 30% | 14.9% / 30% | 0.53% / 5% | ✓ HALAL |
| DJIM | 3.5% / 33% | 8.7% / 33% | 14.9% / 33% | 0.53% / 5% | ✓ HALAL |
| MSCI | 6.9% / 33% | 17.0% / 33% | 28.9% / 33% | 0.53% / 5% | ✓ HALAL |
| S&P | 3.5% / 33% | 8.7% / 33% | 14.9% / 33% | 0.53% / 5% | ✓ HALAL |
| FTSE | 6.9% / 33% | 17.0% / 33% | 28.9% / 50% | 0.53% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 36.8% | |
| Operating Margin | -7.8% | |
| Net Margin | -7.1% | |
| Return on Equity (ROE) | -7.4% | |
| Return on Assets (ROA) | -2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $753,458 |
| Free Cash Flow | $701,939 |
| Total Debt | $428,733 |
| Debt-to-Equity | 4.5 |
| Current Ratio | 1.0 |
| Total Assets | $6M |
Price & Trading
| Last Close | $0.37 |
| 50-Day MA | $0.42 |
| 200-Day MA | $1.07 |
| Avg Volume | 636K |
|
52-Week Range
$0.34
| |
About WF Holding Ltd (WFF)
WF Holding Limited, through its subsidiary, Win-Fung Fibreglass Sdn. Bhd, manufactures and supplies fiberglass reinforced plastic (FRP) products in Malaysia, Singapore, Australia, and the South Asia region. The company offers filament wound and molded tanks; thermoplastic tanks; lining products; ducting and fitting products; air pollution control equipment, such as scrubbers, filters, adsorbers, and thermal oxidizers; and custom-made products. It also offers delivery, installation, repair, and maintenance services, as well as on-site consultation services. The company serves the chemical processing, water and wastewater treatment, oil and gas, and power generation industries. The company was founded in 1984 and is based in Shah Alam, Malaysia. WF Holding Limited is a subsidiary of Lew Capital Private Limited.
Purification Calculator
As a halal stock with 0.53% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is WF Holding Ltd (WFF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WF Holding Ltd 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 WF Holding Ltd's debt ratio?
WF Holding Ltd's debt ratio is 3.5% 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 6.9%.
Does WF Holding Ltd require dividend purification?
Yes, WF Holding Ltd has an impermissible income ratio of 0.53%, which means 0.53% 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 WF Holding Ltd's key financial metrics?
WF Holding Ltd has a market capitalization of $10M, and revenue of $5M. The company maintains a gross margin of 36.8% and a net margin of -7.1%. Return on equity stands at -7.4%.
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.