Westport Fuel Systems Inc.

WPRT: Is Westport Fuel Systems Inc. Halal?

Westport Fuel Systems Inc.

NASDAQConsumer CyclicalCA

$1.84

+0.55%

Market Cap: 35.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

13.5% of 30.0% limit

What this means for you

Most scholars advise not holding WPRT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Westport Fuel Systems Inc.

Founded in 1995 and based in Vancouver, Canada, Westport Fuel Systems Inc. (formerly Westport Innovations Inc. until its name change in June 2016) is a global innovator in the engineering, production, and delivery of alternative fuel systems and their constituent components for various transportation applications. The company structures its operations around two key segments: Original Equipment Manufacturer (OEM) and Independent Aftermarket. Its comprehensive offerings support a broad spectrum of alternative fuels, including liquefied petroleum gas (LPG), compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas (RNG), and hydrogen. Beyond complete fuel systems and individual parts, Westport also provides solutions for the independent aftermarket, light and heavy-duty OEM markets, electronics, hydrogen systems, and advanced fuel storage. A cornerstone of its technology is the Westport High Pressure Direct Injection 2.0 (HPDI 2.0), an integrated fuel system that allows diesel engines to run predominantly on natural gas, delivering power, torque, and fuel efficiency comparable to traditional compression ignition diesel engines, all while significantly reducing greenhouse gas emissions. These technologies and services are deployed across a diverse range of vehicles, from passenger cars and light-duty trucks to medium and heavy-duty trucks, alongside specialized cryogenic and hydrogen applications. Westport Fuel Systems markets its extensive product portfolio under a variety of prominent brands, including Cummins Westport, BRC Gas Equipment, Westport, OMVL, Prins, GFi Control systems, Emer, Zavoli, TA Gas Technology, Valtek, and AFS.

Sector: Consumer Cyclical · Industry: Auto - Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Westport Fuel Systems Inc. (WPRT) halal to invest in?
Westport Fuel Systems Inc. (WPRT) 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 Westport Fuel Systems Inc. get a F compliance rating?
Westport Fuel Systems Inc. (WPRT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Westport Fuel Systems Inc.'s Shariah verdict?
Westport Fuel Systems Inc.'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 Westport Fuel Systems Inc. re-screened for Shariah compliance?
Westport Fuel Systems Inc. (WPRT) 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: Aug 26, 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.