Is WSP Global (WSP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.7% / 30% | 2.6% / 30% | 19.1% / 30% | 0.09% / 5% | ✓ HALAL |
| DJIM | 18.7% / 33% | 2.6% / 33% | 19.1% / 33% | 0.09% / 5% | ✓ HALAL |
| MSCI | 28.0% / 33% | 3.9% / 33% | 28.7% / 33% | 0.09% / 5% | ✓ HALAL |
| S&P | 18.7% / 33% | 2.6% / 33% | 19.1% / 33% | 0.09% / 5% | ✓ HALAL |
| FTSE | 28.0% / 33% | 3.9% / 33% | 28.7% / 50% | 0.09% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.7% | |
| Operating Margin | 10.3% | |
| Net Margin | 5.3% | |
| Return on Equity (ROE) | 10.7% | |
| Return on Assets (ROA) | 5.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.4B |
| Free Cash Flow | $1.2B |
| Total Debt | $5.7B |
| Debt-to-Equity | 50.6 |
| Current Ratio | 1.3 |
| Total Assets | $20.2B |
Price & Trading
| Last Close | CAD 217.74 |
| 50-Day MA | CAD 240.45 |
| 200-Day MA | CAD 262.44 |
| Avg Volume | 477K |
| Beta | 0.5 |
|
52-Week Range
CAD 210.86
| |
About WSP Global (WSP)
WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. The company advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners. It also provides engineering and consultancy services, such as decarbonization strategies, digital building design, building engineering design, and advisory, as well as project and construction management services. In addition, the company works with and advises governments and private sector in earth sciences and environmental sustainability to conduct due diligence, permit approvals, regulatory compliance, waste/hazardous materials management, geotechnical and mining engineering, water resource management, environmental/social impact assessments, feasibility, and land remediation studies. Further, it offers clients integrated solutions on all kinds of energy projects, including large-scale power plants, and smaller on-site power generation and efficiency programs; clean energy investment, such as renewables; high-voltage direct current energy transmission; lower-carbon solutions, such as nuclear; substation design; electrical studies; protection and controls; advanced distribution management systems; and storage and distribution from pre-feasibility studies and community engagement through operation and decommissioning. Additionally, the company provides strategic advisory services comprising planning, technical, and strategic advisory; digital solutions; and sustainability services. WSP Global Inc. was formerly known as GENIVAR Inc. and changed its name to WSP Global Inc. in January 2014. The company was founded in 1993 and is headquartered in Montreal, Canada.
Purification Calculator
As a halal stock with 0.09% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is WSP Global (WSP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WSP Global 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 WSP Global's debt ratio?
WSP Global's debt ratio is 18.7% 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 28.0%.
Does WSP Global require dividend purification?
Yes, WSP Global has an impermissible income ratio of 0.09%, which means 0.09% 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 WSP Global's key financial metrics?
WSP Global has a market capitalization of $28.7B, trailing P/E ratio of 28.9, and revenue of $16.2B. The company maintains a gross margin of 20.7% and a net margin of 5.3%. Return on equity stands at 10.7%.
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.