Is WeGrow AG halal to invest in?

According to Musaffa's Shariah screening methodology, WeGrow AG (ZN2.DU) 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 WeGrow AG 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 WeGrow AG using these criteria to determine its compliance status.

Can Muslims buy shares of WeGrow AG?

Muslim investors may consider investing in WeGrow AG 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 WeGrow AG classified as NOT HALAL?

Musaffa determines the Shariah status of WeGrow AG 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 WeGrow AG updated?

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

Can a halal stock like WeGrow AG 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 WeGrow AG?

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

WeGrow AG ZN2.DU

€4.24 €0.06 (1.40%) 1D

Last Updated: May 15, 12:00 AM·XDUS

ZN2.DU Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 19, 2025

Report Source: 2024 Annual Report

WeGrow AG. Stock Analysis ZN2.DU

Germany Materials Micro Cap Report: 2024 Annual

WeGrow AG engages in the kiri tree cultivation which produces wood faster and binds. The company is headquartered in Toenisvorst, Nordrhein-Westfalen. The company went IPO on 2024-09-27. The firm is engaged in three business areas, namely, timber farming, timber products and plants. The timber farming division includes specialized services for the development and operation of Kiri cultivation areas for sustainable timber production and it also secures the wood supply for the production of wood-based building materials and solid wood construction modules without using natural forest resources. The Group's timber products division sells self-produced sawn timber of the Kiri tree as a wholesaler and works together with a retailer network in Germany, Austria and Switzerland. The plants division offers four non-invasive hybrid varieties of the fast-growing Kiri tree.

Key Statistics of WeGrow AG (ZN2.DU)

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

Today's Range

€4.24€4.30

Today's Open

€4.30

Volume

15.00

P/E Ratio (TTM)

52 Week Range

€2.88€5.70

Market Cap

56.81M

Avg. Volume

96.64

Dividend Yield

Financial Metrics & Statements of WeGrow AG (ZN2.DU)

FAQ's for WeGrow AG (ZN2.DU)

According to Musaffa’s Shariah screening methodology, WeGrow AG (ZN2.DU) 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.