Is Western Investment Company of Canada Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Western Investment Company of Canada Ltd (WI.V) 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 Western Investment Company of Canada 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 Western Investment Company of Canada Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Western Investment Company of Canada Ltd?

Muslim investors may consider investing in Western Investment Company of Canada 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 Western Investment Company of Canada Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Western Investment Company of Canada 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 Western Investment Company of Canada Ltd updated?

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

Can a halal stock like Western Investment Company of Canada 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 Western Investment Company of Canada Ltd?

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

WI.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 10, 2026

Report Source: 2025 Annual Report

Western Investment Company of Canada Ltd. Stock Analysis WI.V

Canada N/A Micro Cap Report: 2025 Annual

The Western Investment Company of Canada Ltd. engages in the acquisition of ownership positions in successful Western Canadian companies. The firm has investments in Fortress Insurance Company, Golden Health Care, and Foothills Creamery Ltd. The principal business of Fortress Insurance Company involves property insurance, but the Company also offers insurance in niche products, including accident and sickness, liability, boiler and machinery, marine, fidelity, legal expense, and surety. Golden Health Care operates seven care homes throughout Saskatchewan. Foothills Creamery Ltd produces ice cream, butter, soft serve, frozen yogurt, sorbet, sherbet, and ice cream cones for the retail and food service markets.

Key Statistics of Western Investment Company of Canada Ltd (WI.V)

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

Today's Range

CAD0.90CAD0.97

Today's Open

CAD0.90

Volume

79.40K

P/E Ratio (TTM)

52 Week Range

CAD0.46CAD1.70

Market Cap

152.50M

Avg. Volume

44.62K

Dividend Yield

Financial Metrics & Statements of Western Investment Company of Canada Ltd (WI.V)

FAQ's for Western Investment Company of Canada Ltd (WI.V)

According to Musaffa’s Shariah screening methodology, Western Investment Company of Canada Ltd (WI.V) 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.