Is WIPRO (WIPRO) Halal?

NSE Technology India $2.0T
✓ HALAL
Confidence: 95/100
WIPRO (WIPRO) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 9.4% against the AAOIFI threshold of 30%, WIPRO comfortably passes the key financial ratio tests. The company operates in the Technology sector (Information Technology Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 9.4%
/ 30%
26.0%
/ 30%
10.7%
/ 30%
3.05%
/ 5%
✓ HALAL
DJIM 9.4%
/ 33%
26.0%
/ 33%
10.7%
/ 33%
3.05%
/ 5%
✓ HALAL
MSCI 14.9%
/ 33%
41.4%
/ 33%
17.0%
/ 33%
3.05%
/ 5%
✗ NOT HALAL
S&P 9.4%
/ 33%
26.0%
/ 33%
10.7%
/ 33%
3.05%
/ 5%
✓ HALAL
FTSE 14.9%
/ 33%
41.4%
/ 33%
17.0%
/ 50%
3.05%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
15.2
Forward: 14.2
EPS
$12.63
Dividend Yield
887.0%
Payout: 87.2%
P/B Ratio
2.2
EV/EBITDA
9.7
EV: $1.6T
Revenue
$890.9B
Growth: 5.5%
Beta
0.4
Low volatility
Current Ratio
2.2

Profitability

Gross Margin 29.6%
Operating Margin 14.8%
Net Margin 14.6%
Return on Equity (ROE) 15.2%
Return on Assets (ROA) 6.8%

Cash Flow & Balance Sheet

Operating Cash Flow$169.4B
Free Cash Flow$154.4B
Total Debt$192.0B
Debt-to-Equity22.0
Current Ratio2.2
Total Assets$1.3T

Price & Trading

Last CloseINR 189.05
50-Day MAINR 213.17
200-Day MAINR 242.78
Avg Volume15.1M
Beta0.4
52-Week Range
INR 187.00
INR 273.10

About WIPRO (WIPRO)

CEO
Mr. Srinivas Pallia
Employees
230,000
Sector
Technology
Industry
Information Technology Services
Country
India
Exchange
NSE
Market Cap
$2.0T
Currency
INR

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers AI-powered IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as communications, media and information services, software and gaming, new age technology, consumer goods, healthcare, medical devices and life sciences, and technology products and services, as well as banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. The IT Products segment provides a range of third-party IT products, including enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The company has a strategic alliance with the Indian Institute of Science and the Foundation for Science Innovation and Development to collaborate on research and innovation across frontier technologies. The company was incorporated in 1945 and is based in Bengaluru, India.

Purification Calculator

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Frequently Asked Questions

Is WIPRO (WIPRO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WIPRO 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 WIPRO's debt ratio?

WIPRO's debt ratio is 9.4% 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%.

Does WIPRO require dividend purification?

Yes, WIPRO has an impermissible income ratio of 3.05%, which means 3.05% 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 WIPRO's key financial metrics?

WIPRO has a market capitalization of $2.0T, trailing P/E ratio of 15.2, and revenue of $890.9B. The company maintains a gross margin of 29.6% and a net margin of 14.6%. Return on equity stands at 15.2%.

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.