Is Waterbridge Infrastructure LLC WBI stock Halal to invest in?

No, as of September 2026, Waterbridge Infrastructure LLC stock (WBI) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening Halal stocks. To qualify as Halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Waterbridge Infrastructure LLC currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Waterbridge Infrastructure LLC and discover Shariah compliant alternatives among the Halal stocks in the Tabadulat app.

How often is Waterbridge Infrastructure LLC WBI reviewed for Shariah compliance?

Tabadulat reviews Waterbridge Infrastructure LLC WBI for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Waterbridge Infrastructure LLC reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Waterbridge Infrastructure LLC WBI pass the AAOIFI Non Permissible Income criteria?

Yes, as of September 2026, Waterbridge Infrastructure LLC stock (WBI) passes the AAOIFI non-permissible income screen. Each month Tabadulat measures Waterbridge Infrastructure LLC's income from impermissible sources, covering Riba, conventional financial services, alcohol, gambling and tobacco, against AAOIFI's 5% revenue ceiling. The latest screening puts the company inside the limit. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Waterbridge Infrastructure LLC WBI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of September 2026, Waterbridge Infrastructure LLC stock (WBI) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from Riba (interest). Waterbridge Infrastructure LLC's interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

What is the dividend purification factor for Waterbridge Infrastructure LLC WBI stock?

Waterbridge Infrastructure LLC (WBI) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (Tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a Halal investment. If Waterbridge Infrastructure LLC returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Waterbridge Infrastructure LLC WBI pass the AAOIFI Preference Share screen?

Yes, as of September 2026, Waterbridge Infrastructure LLC stock (WBI) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Waterbridge Infrastructure LLC has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Is Waterbridge Infrastructure (WBI) stock Halal?

NYSE

Shariah-Compliant

Not Shariah

Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Waterbridge Infrastructure LLC (WBI) does not meet the threshold for the interest-bearing debt screen as of September 2026, so it is not Shariah compliant.

Sector:

Energy

Industry:

Oil & Gas Equipment & Services

Employees:

444

Website:

https://www.h2obridge.com

Market cap:

$4.0B

P/E ratio:

478.0

Dividend yield:

0.62%

52-week range:

$18.64 - $36.89

Data as of:

3 September 2026

Screening history:

September 2026: FAIL

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