What is Wipro Limited's Shariah compliance score?

Wipro Limited's (WIT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Wipro Limited pass AAOIFI screening?

Wipro Limited (WIT) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (WIT: 11.6%), (3) interest-bearing deposits below 30% (WIT: 31.2%), and (4) prohibited income below 5% (WIT: 3.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Wipro Limited stock?

Wipro Limited (WIT) has a non-permissible income ratio of 3.06%. Muslim investors should purify this percentage of any dividends received and capital gains realized from WIT shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Wipro Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Wipro Limited (WIT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about WIT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

WIT: Is Wipro Limited Halal?

Wipro Limited

NYSETechnologyIN

$1.86

-3.16%

Market Cap: 18.4B

Compliance Status

Not Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Wipro Limited (WIT) halal? Not Halal. Based on AAOIFI screening, Wipro Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

11.6% of 30.0% limit

What this means for you

Most scholars advise not holding WIT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Wipro Limited

Wipro Limited is a global enterprise that specializes in providing information technology (IT), consulting, and business process services. The company organizes its operations into three distinct divisions: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services division delivers a comprehensive suite of IT and IT-enabled solutions. These offerings span strategic digital advisory, bespoke customer experience design, expert technology and IT consultation, and the complete lifecycle of custom application management – from design and development to re-engineering and ongoing maintenance. Additionally, this segment handles systems integration, the deployment of packaged software, management of cloud and infrastructure environments, optimization of business processes, and advanced services in cloud computing, mobile technology, and data analytics, alongside research and development, and hardware and software design for various enterprises. Wipro caters to a diverse clientele across numerous industrial verticals, including healthcare, life sciences, consumer products, retail, transportation, communications, media, information services, technology platforms, banking, financial services, insurance, manufacturing, high-tech industries, and the energy and utilities sectors. The IT Products segment supplies an assortment of third-party information technology items. This inventory includes enterprise-level platforms, networking apparatus, various software and data storage solutions, contact center infrastructure, robust enterprise security systems, IT optimization tools, video communication solutions, and end-user computing devices. Its primary market for these products is India, where it serves enterprises in sectors such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services. Finally, the India State Run Enterprise Services (ISRE) division is dedicated to furnishing IT services to organizations and governmental departments either owned or controlled by the Indian federal government and/or individual Indian state administrations. Wipro Limited was established in 1945 and maintains its corporate headquarters in Bengaluru, India.

Sector: Technology · Industry: Information Technology Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Compliance History

Not Halalnow
since Jul 2026
Doubtful
until the change above
Not Halal
until the change above
Doubtful
until the change above
Not Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2026Data source: FMP-ADR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

UIA+

Ubiquiti Inc.

$608.16

+0.85%

0005.KLA+

UCrest Bhd

$0.07

+0.08%

0008.KLA+

Willowglen MSC Bhd

$0.29

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.22

-0.04%

0023.KLA+

IFCA MSC Bhd

$0.21

+0.00%

More Technology Stocks

MSFT

Microsoft Corporation

A+

GOOGL

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A+

AAPL

Apple Inc.

A+

NVDA

NVIDIA Corporation

A+

CRM

Salesforce, Inc.

B+

ADBE

Adobe Inc.

Free · No credit card required

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Frequently Asked Questions

Is Wipro Limited (WIT) halal to invest in?

Wipro Limited (WIT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Wipro Limited get a F compliance rating?

Wipro Limited (WIT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.6% (limit 30%); interest-bearing deposits of 31.2% (limit 30%); prohibited income of 3.06% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Wipro Limited's Shariah verdict?

Wipro Limited's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Wipro Limited re-screened for Shariah compliance?

Wipro Limited (WIT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 15, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.