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Is WENDEL stock halal?

Q: Is WENDEL stock halal?

Halal Bourse verdict: Prohibited. Thresholds exceeded under all standards, and the strict view excludes it.

Prohibited

Thresholds exceeded under all standards, and the strict view excludes it.

This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2025.

Open the evidence file

The ratios

Criterion	Measure	Threshold	Result
Interest-bearing debt	36.4% of total assets	30%	threshold exceeded
Interest-bearing investments	20.2% of total assets	30%	within threshold
Impermissible income	1.1% of revenue	5%	within threshold

Standard: Total assets, 30% threshold.

The three views

Median view, our reference : the company is excluded.
Strictest view : the company is excluded, because it borrows or invests at interest.
Most lenient view : the company is excluded.

Business activity

Société d'investissement : gestion pour compte propre (participations à long terme) et gestion d'actifs privés pour compte de tiers ; mode de revenu non décrit

Financial statements read

Fiscal year ended 12/31/2025, in millions of euros. Source: Annual report of WENDEL (ESEF format), fiscal year ended 2025-12-31.

What could not be verified

Market capitalization: missing from the filed financial statements, so the AAOIFI ratio is not computed; tolerance is assessed on total assets.
Activity classified automatically from the "nature of activities" note of the annual report, without human review: to be confirmed.
Figures read automatically and not reviewed by a human.

In the same sector

Compliance comparison only: no opinion on the value of these securities.

General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology