No. As of October 2026, Weng Fine Art AG (WFA.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Weng Fine Art AG does not pass Musaffa's business and financial screening criteria.
Weng Fine Art AG is an international art trading company that primarily supplies commercial customers. The company is headquartered in Monheim Am Rhein, Nordrhein-Westfalen. The company went IPO on 2018-05-17. The firm sells paintings, sculptures, works on paper, and prints. The company serves primarily commercial clients in Europe and the United States. The Company’s main customers include the auction houses Sotheby's and Christie's, among others. The company focuses mostly on Business-to-Business (B2B) model and is an e-commerce platform for graphic and sculptural editions of important contemporary artists.
Weng Fine Art AG WFA.DE
€3.40 €0.10 (3.03%) 1D
Last Updated: Oct 06, 12:00 AM·XETRA
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WFA.DE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Weng Fine Art AG is classified as not halal.
NOT HALAL
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FAQ's for Weng Fine Art AG (WFA.DE)
As of October 2026, Weng Fine Art AG WFA.DE 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 Weng Fine Art AG using these criteria to determine its compliance status.
Muslim investors may consider investing in Weng Fine Art AG 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 Weng Fine Art AG 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 Weng Fine Art AG 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 Weng Fine Art AG 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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