No. As of October 2026, HWA AG (H9W.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. HWA AG does not pass Musaffa's business and financial screening criteria.
HWA AG engages in the provision of engineering services and solutions in the fields of automobile racing and high-performance vehicles. Its main activities include construction and calculation, engine building, testing, electronic solutions, mechanical assembly, model building, logistics and aftersales and quality control. The firm operates in two segments: Motor Racing and Vehicles and Components. The Motor Racing segment is dominated by participation in the German Touring Car Masters (DTM) racing series where the Company is involved in all racing operation activities, including development and construction of race cars and participation in the races. The Vehicles and Components segment focuses on the development and production of sports cars for series production, such as the Mercedes Benz CLK-GTR, the CLK DTM AMG and the SL 65 AMG Black series. The firm also builds and services racing engines for the Formula 3 Euro Series and for the British Formula 3 Series.
HWA AG H9W.DE
€2.42 €0.02 (0.82%) 1D
Last Updated: Oct 07, 12:00 AM·XETRA
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H9W.DE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, HWA AG is classified as not halal.
NOT HALAL
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FAQ's for HWA AG (H9W.DE)
As of October 2026, HWA AG H9W.DE is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes HWA AG using these criteria to determine its compliance status.
Muslim investors may consider investing in HWA AG if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of HWA AG by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of HWA AG may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of HWA AG on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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