Is WY halal?

What the company does

Weyerhaeuser is the largest private timberland owner in the US (10M+ acres, a REIT): selling logs, making wood products (lumber, OSB) and land sales. Its money comes from timber and wood products (the REIT structure 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

  Activity needs clarification: REIT - Specialty

• Interest-bearing debt / market cap

  limit 30%

  Interest-bearing debt $5.45B ÷ 36-month average market cap $20.63B = 26.4%

  26.4%

  Pass

• Cash & investments / market cap

  limit 30%

  Cash + interest-bearing securities $527.00M ÷ 36-month average market cap $20.63B = 2.5%

  2.5%

  Pass

• Non-compliant income / total revenue

  limit 5%

  Interest income $22.00M ÷ annual revenue $6.91B (2025) = 0.3%

  0.3%

  Pass

Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $14.06B.

For information (AAOIFI 3/1 note): cash + receivables are 5.5% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500

0.02% weight · #436 of 503

Held by funds

SPRE 10.55% · SPUS 0.04% · HLAL 0.04%