
Is Where Food Comes From (WFCF) stock Halal?
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. Where Food Comes From, Inc. (WFCF) passes all four screens as of September 2026, with a dividend purification factor of 99.86%.
Where Food Comes From operates as a third-party verification and certification entity focused on the food industry. The primary function of the company is to provide assurance to consumers and industries about the quality and authenticity of their food sources. Where Food Comes From assesses and certifies food production processes, ensuring compliance with various standards, including organic, non-GMO, and sustainable practices. For Muslim investors, though, the most pressing question is simpler: is Where Food Comes From a Halal investment?
Is Where Food Comes From Shariah compliant?
For industrial companies like Where Food Comes From, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Where Food Comes From pass the business activity test?
Yes. In the September 2026 screening Where Food Comes From holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Where Food Comes From's income Halal?
Yes, within AAOIFI's tolerance. Where Food Comes From's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.86% tells holders of WFCF what share of each dividend to keep and what remainder to donate to charity.
Does Where Food Comes From meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has WFCF re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



