No. As of September 2026, Weststar Industrial Ltd (WSI.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Weststar Industrial Ltd does not pass Musaffa's business and financial screening criteria.
WestStar Industrial Ltd. engages in the provision of industrial services including engineering, construction, and mining services to the resources, energy, and infrastructure sectors. Its segments include SIMPEC Pty Ltd and Alltype Engineering Pty Ltd. SIMPEC Pty Ltd is a construction contractor with specialist experience in both Structural Mechanical and Piping and Electrical and Instrumentation works. Alltype Engineering Pty Ltd provides workshop, site installation, construction and maintenance services to the oil and gas, water, power generation, infrastructure, mining, resources, utility, petrochemical and defense industries. Its services include multidiscipline construction contracting, structural mechanical piping (SMP), electrical and instrumentation, fabrication of pipe, plate and structural steel, rotating equipment installation, fluid systems solutions, equipment and services, and asset management services.
Weststar Industrial Ltd WSI.AX
AUD0.07 AUD0.00 (4.41%) 1D
Last Updated: Sep 10, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
WSI.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Weststar Industrial Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Weststar Industrial Ltd (WSI.AX) Chart
Financial Metrics & Statements of Weststar Industrial Ltd (WSI.AX)
FAQ's for Weststar Industrial Ltd (WSI.AX)
As of September 2026, Weststar Industrial Ltd WSI.AX 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 Weststar Industrial Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Weststar Industrial 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 Weststar Industrial 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 Weststar Industrial 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 Weststar Industrial 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 Weststar Industrial Ltd (WSI.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.