Wipro Ltd WIT
$1.94 $0.03 (1.52%) 1D
Last Updated: Aug 14, 12:00 AM·NYSE
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WIT Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Wipro Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Wipro Ltd. Stock Analysis WIT
United States Information Technology Large Cap Wipro Ltd. is a global information technology, consulting and outsourcing company, which engages in the development and integration of solutions. The company is headquartered in Bangalore, Karnataka. The company went IPO on 2000-10-19. Its segments include IT Services and IT Products. Its IT Services segment provides a range of AI-powered IT and IT-enabled services, including digital strategy advisory, customer-centric design, custom application design, development, re-engineering, maintenance, systems integration, package implementation, infrastructure services, cybersecurity services, data and analytics services, business process services, research and development, and hardware and software design. Its IT Products segment provides a range of third-party IT products, including computing platforms and storage, networking solutions, enterprise information security and software products, such as databases and operating systems. Its services include applications, Wipro Intelligence, business process services, cloud, consulting, cybersecurity, data & analytics, digital experiences, engineering, global capability centers and sustainability.
Wipro Ltd (WIT) Chart
Financial Metrics & Statements of Wipro Ltd (WIT)
FAQ's for Wipro Ltd (WIT)
- As of August 2026, Wipro Ltd WIT 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 Wipro Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Wipro 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 Wipro 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 Wipro 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 Wipro Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Wipro Ltd (WIT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
