Sanad
Home › Halal stock list › WDAM

Is Widam Food Company Q.P.S.C. (WDAM) halal?

Qatar Exchange (QSE) · Consumer Staples — Farm Products
Not compliant

Widam Food Company Q.P.S.C. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 65.6% of market capitalisation (limit 30%); non-permissible (interest) income is 0.1% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation65.6%< 30%Over limit
Non-permissible income ÷ revenue0.1%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About Widam Food Company Q.P.S.C.

Widam Food Company Q.P.S.C. is a premier entity in the food and beverage sector, predominantly operating within Qatar. The company's primary role is centered on the processing, packaging, and distribution of meat products, ensuring a consistent and quality supply to meet the region's demand. Widam Food holds a significant position in the Qatari market by providing livestock and frozen meat, both local and imported, thereby playing a critical role in the nation's food…

Open the full analysis in Sanad

Similar companies

Go deeper on Sanad

Free to look up. These parts are included with a free trial or Sanad Pro.

Frequently asked questions

Is Widam Food Company Q.P.S.C. (WDAM) halal?

Widam Food Company Q.P.S.C. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 65.6% of market capitalisation (limit 30%); non-permissible (interest) income is 0.1% of revenue (limit 5%).

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of Widam Food Company Q.P.S.C.'s dividends should be purified?

About 0.1% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.