Is Worksport Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Worksport Ltd (WKSP) is currently classified as 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 Worksport 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 Worksport Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Worksport Ltd?

Muslim investors may consider investing in Worksport 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 Worksport Ltd classified as HALAL?

Musaffa determines the Shariah status of Worksport 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 Worksport Ltd updated?

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

Can a halal stock like Worksport 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 Worksport Ltd?

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

WKSP Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 01, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Worksport Ltd (WKSP)

Based on 8 analysts giving stock ratings to Worksport Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Worksport Ltd. Stock Analysis WKSP

United States Consumer Discretionary Nano Cap Report: 2025 Annual

Worksport Ltd. engages in the designing, development, manufacturing, and ownership of the intellectual property on a variety of tonneau covers, solar integrations, and non-parasitic, hydrogen-based green energy solutions. The company is headquartered in West Seneca, New York and currently employs 103 full-time employees. The company went IPO on 2001-06-21. The firm protects its products through an intellectual property portfolio with patents and trademarks relating to tonneau covers, solar integrated tonneau covers, portable power stations, NP (non-parasitic) hydrogen-based green energy systems, residential heating and cooling systems (heat pumps), and electric vehicle-charging stations. Its soft tonneau cover offering consists of vinyl wrapped tri- and quad-fold tonneau covers. The soft tonneau cover line includes The Worksport SC3, The Worksport SC3 PRO, The Worksport SC4, and The Worksport SC4 PRO. Its hard tonneau cover line includes The Worksport AL3 and The Worksport AL4. Its hard-folding cover, designed and manufactured in-house, is compatible with all major truck models.

Key Statistics of Worksport Ltd (WKSP)

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

Today's Range

$0.76$0.82

Today's Open

$0.80

Volume

636.39K

P/E Ratio (TTM)

52 Week Range

$0.76$4.90

Market Cap

13.07M

Avg. Volume

402.15K

Dividend Yield

Financial Metrics & Statements of Worksport Ltd (WKSP)

FAQ's for Worksport Ltd (WKSP)

According to Musaffa’s Shariah screening methodology, Worksport Ltd (WKSP) is currently classified as 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.