Does WeShop Holdings Limited Class A Ordinary Shares pass AAOIFI screening?

WeShop Holdings Limited Class A Ordinary Shares (WSHP) passes 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% (WSHP: 1.6%), (3) interest-bearing deposits below 30% (WSHP: 0.0%), and (4) prohibited income below 5% (WSHP: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for WeShop Holdings Limited Class A Ordinary Shares stock?

WeShop Holdings Limited Class A Ordinary Shares (WSHP) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from WSHP 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 WeShop Holdings Limited Class A Ordinary Shares for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for WeShop Holdings Limited Class A Ordinary Shares (WSHP) 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 WSHP's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

WSHP: Is WeShop Holdings Limited Class A Ordinary Shares Halal?

WeShop Holdings Limited Class A Ordinary Shares

NASDAQCommunication ServicesGB

$5.39

-5.11%

Market Cap: 138.3M

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

A+

Excellent

99Score

Is WeShop Holdings Limited Class A Ordinary Shares (WSHP) halal? Halal. Based on AAOIFI screening, WeShop Holdings Limited Class A Ordinary Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 99/100 (Grade: A+).

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%.

1.6% of 30.0% limit

What this means for you

You can own WSHP

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About WeShop Holdings Limited Class A Ordinary Shares

WeShop Holdings Limited, operating under the name WeShop, provides a distinctive social e-commerce platform. This platform is designed to incentivize users by offering rewards for their purchases of products from a wide array of brands, particularly those influenced by recommendations from their personal network. Users can then redeem these rewards as prizes, which have the flexibility to be withdrawn as cash or contributed to charitable causes. The platform boasts an extensive catalog covering diverse categories such as fashion and accessories, health and beauty, home and DIY goods, food and beverages, travel and holiday packages, and technology and electronics, among many others. The company was previously known as Boanerges Limited and is headquartered in Tortola, British Virgin Islands.

Sector: Communication Services · Industry: Internet Content & Information

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is WeShop Holdings Limited Class A Ordinary Shares (WSHP) halal to invest in?

Based on AAOIFI Standard 21 screening, WeShop Holdings Limited Class A Ordinary Shares (WSHP) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did WeShop Holdings Limited Class A Ordinary Shares get a A+ compliance rating?

WeShop Holdings Limited Class A Ordinary Shares (WSHP) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.6% (limit 30%); interest-bearing deposits of 0.0% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change WeShop Holdings Limited Class A Ordinary Shares's Shariah verdict?

WeShop Holdings Limited Class A Ordinary Shares'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 WeShop Holdings Limited Class A Ordinary Shares re-screened for Shariah compliance?

WeShop Holdings Limited Class A Ordinary Shares (WSHP) 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 14, 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.