Is Weebit Nano Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Weebit Nano Ltd (WBT.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 Weebit Nano 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 Weebit Nano Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Weebit Nano Ltd?

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

Musaffa determines the Shariah status of Weebit Nano 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 Weebit Nano Ltd updated?

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

Can a halal stock like Weebit Nano 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 Weebit Nano Ltd?

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

WBT.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 24, 2026

Report Source: 2026 2nd Quarter Report

Weebit Nano Ltd. Stock Analysis WBT.AX

Australia Information Technology Small Cap Report: Q2, 2026

Weebit Nano Ltd. engages in developing and commercializing silicon oxide and Resistive Random-Access Memory technology. The company is headquartered in Melbourne, Victoria. The company went IPO on 2010-12-21. The Company’s Resistive RAM (ReRAM) addresses the growing need for higher performance and lower power non-volatile memory (NVM) solutions in a range of new electronic products, such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, fifth generation (5G) communications and artificial intelligence. Its ReRAM technology is based on fab-friendly materials and can be easily integrated with existing flows and processes. The company is creating ReRAM IP that customers can embed in their system-on-chip (SoC) designs. The company is also developing discrete (stand-alone) memory technology, targeting storage class memory, persistent memory and NOR flash replacement. Weebit ReRAM is ideal for applications requiring high temperature and endurance levels, offering a power efficient NVM that is easy to integrate and tolerant to radiation and electromagnetic fields.

Key Statistics of Weebit Nano Ltd (WBT.AX)

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

Today's Range

AUD5.93AUD6.93

Today's Open

AUD6.08

Volume

4.22M

P/E Ratio (TTM)

52 Week Range

AUD1.43AUD6.93

Market Cap

1.04B

Avg. Volume

268.95K

Dividend Yield

Financial Metrics & Statements of Weebit Nano Ltd (WBT.AX)

FAQ's for Weebit Nano Ltd (WBT.AX)

According to Musaffa’s Shariah screening methodology, Weebit Nano Ltd (WBT.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.