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The Western Union Co.

NYSE
Shariah-Compliant
Not Shariah
WU

About

The Western Union Co.

WU

Western Union Co. is a global leader in cross-border, cross-currency money movement. The company provides a fast, reliable, and convenient way to send money around the world. Its primary function is to facilitate international and domestic money transfers both for individuals and businesses. Western Union's services encompass the transfer of funds via its robust digital platforms as well as traditional agent networks, making it accessible to a wide demographic. A notable feature of Western Union is its extensive reach, with a presence in over 200 countries and territories, supported by hundreds of thousands of agent locations. This enables it to play a crucial role in remittances, where individuals working abroad send money back to their families in their home countries, often in regions with limited financial infrastructure. In the financial market, Western Union serves as a key player in enabling financial inclusion and supporting economic participation across diverse geographic regions. The company's services impact various sectors by providing essential financial services and solutions that connect people and businesses globally, thus supporting international trade and economic growth.

WU
WU

Frequently asked questions

Is The Western Union Co. WU stock halal to invest in?

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How often is The Western Union Co. WU reviewed for Shariah compliance?

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Does The Western Union Co. WU pass the AAOIFI Non Permissible Income criteria?

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Does The Western Union Co. WU pass the AAOIFI Interest Bearing Investments criteria?

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Does The Western Union Co. WU pass the AAOIFI Interest Bearing Debt criteria?

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What is the dividend purification factor for The Western Union Co. WU stock?

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Does The Western Union Co. WU pass the AAOIFI Preference Share screen?

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Can I buy The Western Union (WU) stock on Tabadulat?

The Western Union (WU) does not currently pass AAOIFI screening, so it isn't available to trade among the halal stocks on Tabadulat. You can still open an account, track WU with the free halal stock screener, and discover Shariah compliant stocks to invest in instead. Compliance is re-screened monthly, and stocks can regain halal status when their financials change.

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