Is Whitefield Income Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Whitefield Income Ltd (WHI.AX) is currently classified as NOT HALAL as of October 2025. 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 Whitefield Income 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 Whitefield Income Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Whitefield Income Ltd?

Muslim investors may consider investing in Whitefield Income 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 Whitefield Income Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Whitefield Income 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 Whitefield Income Ltd updated?

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

Can a halal stock like Whitefield Income 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 Whitefield Income Ltd?

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

WHI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 19, 2025

Report Source: 2025 Annual Report

Whitefield Income Ltd. Stock Analysis WHI.AX

Australia N/A Micro Cap Report: 2025 Annual

Whitefield Income Ltd. is an investment company. The company is headquartered in Sydney, New South Wales. The company went IPO on 2024-12-11. The firm is engaged in investment activities. The principal activity of the Company is investing in a diversified portfolio of Australian Securities Exchange (ASX) listed securities with the aim of generating regular distributable income inclusive of franking credits. The company invests in a diverse and actively managed portfolio of 70-100 equity securities primarily from within the S&P/ASX300 universe. The company invests in various sectors, including materials, industrials, financials, consumer discretionary, energy, utilities, consumer staples, real estate, communication services, health care, information technology, and cash and cash equivalents. Its fund manager is Whitefield Capital Management Pty Limited.

Key Statistics of Whitefield Income Ltd (WHI.AX)

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

Today's Range

AUD1.37AUD1.39

Today's Open

AUD1.38

Volume

105.91K

P/E Ratio (TTM)

39.37

52 Week Range

AUD1.29AUD1.58

Market Cap

308.42M

Avg. Volume

7435.80

Dividend Yield

Financial Metrics & Statements of Whitefield Income Ltd (WHI.AX)

FAQ's for Whitefield Income Ltd (WHI.AX)

According to Musaffa’s Shariah screening methodology, Whitefield Income Ltd (WHI.AX) is currently classified as NOT HALAL as of October 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.