Is WIPRO LTD (WIT) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 782.9% / 30% | 2170.5% / 30% | 890.3% / 30% | 3.05% / 5% | ✗ NOT HALAL |
| DJIM | 782.9% / 33% | 2170.5% / 33% | 890.3% / 33% | 3.05% / 5% | ✗ NOT HALAL |
| MSCI | 14.9% / 33% | 41.4% / 33% | 17.0% / 33% | 3.05% / 5% | ✗ NOT HALAL |
| S&P | 782.9% / 33% | 2170.5% / 33% | 890.3% / 33% | 3.05% / 5% | ✗ NOT HALAL |
| FTSE | 14.9% / 33% | 41.4% / 33% | 17.0% / 50% | 3.05% / 5% | ✗ NOT HALAL |
Financial Highlights
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-Equity | 22.0 |
| Current Ratio | 2.2 |
| Total Assets | $1.3T |
Price & Trading
| Last Close | $2.09 |
| 50-Day MA | $2.36 |
| 200-Day MA | $2.69 |
| Avg Volume | 11.8M |
| Beta | 0.4 |
|
52-Week Range
$2.05
| |
About WIPRO LTD (WIT)
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.
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Frequently Asked Questions
Is WIPRO LTD (WIT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WIPRO LTD 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 WIPRO LTD's debt ratio?
WIPRO LTD's debt ratio is 782.9% 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 14.9%.
What are WIPRO LTD's key financial metrics?
WIPRO LTD has a market capitalization of $21.8B, trailing P/E ratio of 16.0, 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.