No. As of October 2026, Weebit Nano Ltd (WBT.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Weebit Nano Ltd does not pass Musaffa's business and financial screening criteria.
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.
Weebit Nano Ltd WBT.AX
AUD3.78
Last Updated: Oct 02, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
WBT.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Weebit Nano Ltd is classified as not halal.
NOT HALAL
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FAQ's for Weebit Nano Ltd (WBT.AX)
As of October 2026, Weebit Nano Ltd WBT.AX 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 Weebit Nano Ltd using these criteria to determine its compliance status.
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.
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.
The Shariah compliance status of Weebit Nano Ltd 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 Weebit Nano Ltd 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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