Is WeShop Holdings Ltd (WSHP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.4% / 30% | 0.0% / 30% | 0.0% / 30% | 34.49% / 5% | ✗ NOT HALAL |
| DJIM | 2.4% / 33% | 0.0% / 33% | 0.0% / 33% | 34.49% / 5% | ✗ NOT HALAL |
| MSCI | 30.5% / 33% | 0.2% / 33% | 0.6% / 33% | 34.49% / 5% | ✗ NOT HALAL |
| S&P | 2.4% / 33% | 0.0% / 33% | 0.0% / 33% | 34.49% / 5% | ✗ NOT HALAL |
| FTSE | 30.5% / 33% | 0.2% / 33% | 0.6% / 50% | 34.49% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | -1233.2% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $4M |
| Debt-to-Equity | 173.8 |
| Current Ratio | 0.0 |
| Total Assets | $14M |
Price & Trading
| Last Close | $6.81 |
| 50-Day MA | $34.59 |
| 200-Day MA | $67.03 |
| Avg Volume | 38K |
| Beta | -1.2 |
|
52-Week Range
$5.54
| |
About WeShop Holdings Ltd (WSHP)
WeShop Holdings Limited, trading as WeShop, develops and operates a social e-commerce platform. The company's platform allows earning rewards for shopping of products from various brands which have been recommended by people known to them, that allows users to win prizes from their purchasing which can be withdrawn in the form of cash or can be donated to charities. Its platform offers wide array of products, including fashion and accessories, health and beauty, home and DIY, food and drink, travel and holidays, tech and electronics, and many more. WeShop Holdings Limited was formerly known as Boanerges Limited. The company is based in Tortola, British Virgin Islands.
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Frequently Asked Questions
Is WeShop Holdings Ltd (WSHP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WeShop Holdings 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 WeShop Holdings Ltd's debt ratio?
WeShop Holdings Ltd's debt ratio is 2.4% 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 30.5%.
What are WeShop Holdings Ltd's key financial metrics?
WeShop Holdings Ltd has a market capitalization of $64M, and revenue of $1M.
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.