Is Waterco Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Waterco Ltd (WAT.AX) is currently classified as NOT HALAL as of October 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 Waterco 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 Waterco Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Waterco Ltd?

Muslim investors may consider investing in Waterco 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 Waterco Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Waterco 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 Waterco Ltd updated?

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

Can a halal stock like Waterco 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 Waterco Ltd?

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

WAT.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2025

Report Source: 2025 Annual Report

Waterco Ltd. Stock Analysis WAT.AX

Australia Consumer Discretionary Micro Cap Report: 2025 Annual

Waterco Ltd. engages in providing water treatment solutions. The company is headquartered in Rydalmere, New South Wales and currently employs 931 full-time employees. The firm is engaged in designing and manufacturing, filtration and sanitization for the swimming pool, spa, aquaculture, and water purification sectors. The firm's geographical segments include Australia and New Zealand, Asia, and North America and Europe. The firm offers wholesale, export and manufacture of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries. The company is also focused on manufacturing and selling solar heating systems for swimming pools and pre-heated industrial solar systems. The company also operates as a franchisor of swimming pool outlets retailing swimming pool accessories and equipment. The firm is also focused on formulating, packing, and distributing swimming pool chemicals to independent pool stores and stores in its Swimart franchise network.

Key Statistics of Waterco Ltd (WAT.AX)

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

Today's Range

AUD5.46AUD5.46

Today's Open

AUD5.46

Volume

1.00

P/E Ratio (TTM)

19.98

52 Week Range

AUD4.75AUD7.12

Market Cap

190.99M

Avg. Volume

72.00

Dividend Yield

2.76%

Financial Metrics & Statements of Waterco Ltd (WAT.AX)

FAQ's for Waterco Ltd (WAT.AX)

According to Musaffa’s Shariah screening methodology, Waterco Ltd (WAT.AX) is currently classified as NOT HALAL as of October 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.