Is WEX Inc halal to invest in?

According to Musaffa's Shariah screening methodology, WEX Inc (WEX) is currently classified as NOT HALAL as of May 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 WEX Inc 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 WEX Inc using these criteria to determine its compliance status.

Can Muslims buy shares of WEX Inc?

Muslim investors may consider investing in WEX Inc 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 WEX Inc classified as NOT HALAL?

Musaffa determines the Shariah status of WEX Inc 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 WEX Inc updated?

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

Can a halal stock like WEX Inc 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 WEX Inc?

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

WEX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 01, 2026

Report Source: 2026 1st Quarter Report

WEX Inc. Stock Analysis WEX

United States Financials Mid Cap Report: Q1, 2026

WEX, Inc. engages in the provision of payment processing and information management solutions. The company is headquartered in Portland, Maine and currently employs 6,600 full-time employees. The company went IPO on 2005-02-16. The firm has three segments: Mobility, Benefits and Corporate Payments. Its Mobility segment provides payment solutions, transaction processing, and information management services to a diverse customer base globally. Its Benefits segment simplifies employee benefit plan administration through Software as a service (SaaS) software integrated with payment solutions, delivering diverse product offerings including Benefit Administration, HSAs, FSAs, HRAs, COBRA and Direct Billing and compliance administration. Its Corporate Payments segment delivers global B2B payment solutions, including its Direct to Corporate solution that integrates with ERPs and accounting workflows to maximize virtual payment usage, and its Embedded Payments solution that integrates virtual payment capabilities into existing workflows for a range of industries, including online travel.

Key Statistics of WEX Inc (WEX)

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

Today's Range

$138.36$143.08

Today's Open

$139.37

Volume

681.80K

P/E Ratio (TTM)

15.48

52 Week Range

$128.91$186.86

Market Cap

5.10B

Avg. Volume

660.80K

Dividend Yield

Financial Metrics & Statements of WEX Inc (WEX)

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Community-Curated Collections are thoughtfully selected groups of stocks or assets, curated by investors and experts based on shared themes, values, or investment strategies.

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FAQ's for WEX Inc (WEX)

According to Musaffa’s Shariah screening methodology, WEX Inc (WEX) is currently classified as NOT HALAL as of May 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.