Is Wam Active Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Wam Active Ltd (WAA.AX) is currently classified as DOUBTFUL as of April 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Wam Active Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Wam Active Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Wam Active Ltd?

Muslim investors may consider investing in Wam Active Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Wam Active Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Wam Active Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Wam Active Ltd updated?

The Shariah compliance status of Wam Active Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Wam Active Ltd become non-compliant?

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.

Where can I check the Shariah status of Wam Active Ltd?

You can check the latest Shariah compliance status of Wam Active Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

WAA.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: April 16, 2025

Report Source: 2025 2nd Quarter Report

Wam Active Ltd. Stock Analysis WAA.AX

Australia N/A Micro Cap Report: Q2, 2025

Wam Active Ltd is a AU-based company operating in industry. The company is headquartered in Sydney, New South Wales. The company went IPO on 2008-01-11. WAM Active Limited is an Australia-based investment company engaged in investing activities, including cash, term deposits, and equity investments. The Company’s investment objectives are to deliver a regular income stream of fully franked dividends, provide a positive return with low volatility, and preserve capital. The firm manages the market for various opportunities, including initial public offerings, placements, block trades, rights issues, corporate transactions (such as takeovers, mergers, schemes of arrangements, and restructures), listed investment companies (LIC), discount arbitrages, and short selling. The firm invests in various sectors, including financials, consumer discretionary, healthcare, consumer staples, materials and information technology. The firm's investment manager is MAM Pty Limited.

Key Statistics of Wam Active Ltd (WAA.AX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AUD1.01AUD1.03

Today's Open

AUD1.02

Volume

253.02K

P/E Ratio (TTM)

20.86

52 Week Range

AUD0.80AUD1.12

Market Cap

147.17M

Avg. Volume

77.32K

Dividend Yield

2.51%

Financial Metrics & Statements of Wam Active Ltd (WAA.AX)

FAQ's for Wam Active Ltd (WAA.AX)

According to Musaffa’s Shariah screening methodology, Wam Active Ltd (WAA.AX) is currently classified as DOUBTFUL as of April 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.