Is Westpac Banking Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Westpac Banking Corp (WBC.AX) is currently classified as NOT HALAL as of April 2026. 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 Westpac Banking Corp 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 Westpac Banking Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Westpac Banking Corp?

Muslim investors may consider investing in Westpac Banking Corp 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 Westpac Banking Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Westpac Banking Corp 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 Westpac Banking Corp updated?

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

Can a halal stock like Westpac Banking Corp 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 Westpac Banking Corp?

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

WBC.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 11, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Westpac Banking Corp (WBC.AX)

Based on 18 analysts giving stock ratings to Westpac Banking Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Westpac Banking Corp. Stock Analysis WBC.AX

Australia Financials Large Cap Report: 2025 Annual

Westpac Banking Corp. engages in the provision of banking and financial services. The company is headquartered in Sydney, New South Wales and currently employs 35,236 full-time employees. Its segments include Consumer, Business & Wealth, Westpac Institutional Bank (WIB), Westpac New Zealand and Group Businesses. The Consumer segment provides a full range of banking products and services to customers in Australia through three lines of business consisting of mortgages, consumer finance and cash and transactional banking. The Business & Wealth segment comprises business banking, wealth management, private wealth, and Westpac Pacific. The WIB segment delivers a range of financial products and services to corporate, institutional and government customers. The Westpac New Zealand segment provides banking, and wealth products and services for consumer, business and institutional customers in New Zealand.

Key Statistics of Westpac Banking Corp (WBC.AX)

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

Today's Range

AUD37.25AUD38.82

Today's Open

AUD38.80

Volume

2.97M

P/E Ratio (TTM)

19.08

52 Week Range

AUD30.28AUD43.32

Market Cap

131.51B

Avg. Volume

895.20K

Dividend Yield

3.95%

Financial Metrics & Statements of Westpac Banking Corp (WBC.AX)

FAQ's for Westpac Banking Corp (WBC.AX)

According to Musaffa’s Shariah screening methodology, Westpac Banking Corp (WBC.AX) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.