Is Weststar Industrial Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Weststar Industrial Ltd (WSI.AX) is currently classified as NOT HALAL as of July 2025. 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 Weststar Industrial 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 Weststar Industrial Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Weststar Industrial Ltd?

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.

Why is Weststar Industrial Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Weststar Industrial Ltd updated?

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

Can a halal stock like Weststar Industrial 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 Weststar Industrial Ltd?

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.

WSI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Weststar Industrial Ltd. Stock Analysis WSI.AX

Australia Materials Nano Cap Report: Q2, 2025

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.

Key Statistics of Weststar Industrial Ltd (WSI.AX)

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

Today's Range

AUD0.07AUD0.07

Today's Open

AUD0.07

Volume

100.00K

P/E Ratio (TTM)

52 Week Range

AUD0.05AUD0.10

Market Cap

9.14M

Avg. Volume

35.53K

Dividend Yield

Financial Metrics & Statements of Weststar Industrial Ltd (WSI.AX)

FAQ's for Weststar Industrial Ltd (WSI.AX)

According to Musaffa’s Shariah screening methodology, Weststar Industrial Ltd (WSI.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.