Is Waverunner Capital Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Waverunner Capital Inc (WRUN.CN) is currently classified as NOT HALAL as of December 2024. 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 Waverunner Capital Inc 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 Waverunner Capital Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Waverunner Capital Inc?

Muslim investors may consider investing in Waverunner Capital Inc 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 Waverunner Capital Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Waverunner Capital Inc 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 Waverunner Capital Inc updated?

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

Can a halal stock like Waverunner Capital Inc 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 Waverunner Capital Inc?

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

WRUN.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 25, 2024

Report Source: 2025 1st Quarter Report

Waverunner Capital Inc. Stock Analysis WRUN.CN

Canada Financials Nano Cap Report: Q1, 2025

Waverunner Capital, Inc. is an investment company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2015-09-29. The firm focuses on investments across a range of industries and is seeking to invest in early-stage companies where the Company may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company's management expertise. Its holdings include a consumer-targeted biotechnology venture, a renewable energy developer in the wind and solar sector, and a plant-based wellness company. The company also has an Ontario limited partnership (ONLP) to take advantage of opportunistic long/short equity opportunities in both potential upside and downside expected price moves.

Key Statistics of Waverunner Capital Inc (WRUN.CN)

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

Today's Range

CAD0.09CAD0.11

Today's Open

CAD0.14

Volume

30.02K

P/E Ratio (TTM)

52 Week Range

CAD0.04CAD0.21

Market Cap

1.38M

Avg. Volume

4697.00

Dividend Yield

Financial Metrics & Statements of Waverunner Capital Inc (WRUN.CN)

FAQ's for Waverunner Capital Inc (WRUN.CN)

According to Musaffa’s Shariah screening methodology, Waverunner Capital Inc (WRUN.CN) is currently classified as NOT HALAL as of December 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.