Is WTF halal?
Waton Financial Limited
Doubtful
No clear verdict is possible for Waton Financial Limited — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 14 October 2026
Exchange
NASDAQ
Price
2.35
Day
-15.16%
Market cap
$125.4M
Industry
Capital Markets
Sector
Financial Services
Manually identified reason
Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:
Doubtful: online broker — margin/interest share not disclosed (Waton)
What the company does
Waton Financial (Hong Kong, IPO 2025) is an online securities broker and provides brokerage infrastructure for other fintech apps. Its money comes from commissions and platform fees (margin lending is checked by the screener).
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Doubtful: online broker — margin/interest share not disclosed (Waton)
Interest-bearing debt / market cap
limit 30%
0.7%
Pass
Cash & investments / market cap
limit 30%
5.7%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.