Is Water Ways Technologies Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Water Ways Technologies Inc (WWT.V) is currently classified as NOT HALAL as of June 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 Water Ways Technologies 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 Water Ways Technologies Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Water Ways Technologies Inc?

Muslim investors may consider investing in Water Ways Technologies 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 Water Ways Technologies Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Water Ways Technologies 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 Water Ways Technologies Inc updated?

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

Can a halal stock like Water Ways Technologies 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 Water Ways Technologies Inc?

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

WWT.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 30, 2025

Report Source: 2025 1st Quarter Report

Water Ways Technologies Inc. Stock Analysis WWT.V

Canada N/A Nano Cap Report: Q1, 2025

Water Ways Technologies, Inc. is a holding company, which engages in the provision of water irrigation and agriculture solutions to agriculture producers. The company is headquartered in Toronto, Ontario. The company went IPO on 2008-01-08. The firm focuses on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. The Company’s business units include Project Services Business Unit, and Component and Equipment Sales Unit. The firm has developed DataWays, a precise irrigation system that enables agricultural operators to make data-driven decisions on how and when to irrigate their crops, enabling the same or better functional application with significantly reduced consumption of water. The system collects real-time data from sensors installed in the field, allowing the client to analyze the data and control the system. Its irrigation projects include vineyards, blueberries and fresh produce cooling rooms, among others.

Key Statistics of Water Ways Technologies Inc (WWT.V)

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

Today's Range

CAD0.03CAD0.04

Today's Open

CAD0.03

Volume

60.50K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.10

Market Cap

520.75K

Avg. Volume

14.17K

Dividend Yield

Financial Metrics & Statements of Water Ways Technologies Inc (WWT.V)

FAQ's for Water Ways Technologies Inc (WWT.V)

According to Musaffa’s Shariah screening methodology, Water Ways Technologies Inc (WWT.V) is currently classified as NOT HALAL as of June 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.