SO

SOL.AX

$43.71
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-28
HTR non-permissible income 27.83%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

WHSP Holdings Limited (SOL.AX) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-28). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen, and this verdict does not rest on them. Our business-activity screen classifies WHSP Holdings Limited under conventional finance, which is an excluded sector — so the verdict is non-compliant even though some ratios below pass. Business activity is a hard gate that ratio math never captures.

Market & analysts
Price target
$40.17
-8.1% · 2 analysts
Institutional own.
30.1%
of shares
NON-COMPLIANT
Sharia compliance
27.83%
Non-permissible income — HTR, from filings (2025-07-31)
$40.17
Price target (-8.1%) · 2 analysts
30.1%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-07-31. SOL.AX files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: conventional_finance

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 5.91% 30.00% Pass
Interest-bearing investments 6.16% 30.00% Pass
Non-permissible income 27.83% 5.00% Fail

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 9.96% 33.00% Pass
Interest-bearing investments 10.38% 33.00% Pass
Non-liquid assets 88.10% at least 20.00% Pass
Non-permissible income 27.83% 5.00% Fail

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 9.96% 33.33% Pass
Cash + interest-bearing securities 10.38% 33.33% Pass
Accounts receivable 11.90% 33.33% Pass
Non-permissible income 27.83% 5.00% Fail

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 9.96% 33.33% Pass
Cash + interest-bearing securities 10.38% 33.33% Pass
Accounts receivable 11.90% 50.00% Pass
Non-permissible income 27.83% 5.00% Fail

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 6.84% 33.00% Pass
Cash + interest-bearing securities 7.13% 33.00% Pass
Accounts receivable 1.05% 33.00% Pass
Non-permissible income 27.83% 5.00% Fail

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 7.28% 33.00% Pass
Cash + interest-bearing securities 7.58% 49.00% Pass
Accounts receivable 1.11% 49.00% Pass
Non-permissible income 27.83% 5.00% Fail

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 7.28% 33.33% Pass
Cash + interest-bearing securities 7.58% 33.33% Pass
Accounts receivable 8.69% 49.00% Pass
Non-permissible income 27.83% 5.00% Fail

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

46.9243.8840.8537.8134.782025-09-112026-03-122026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
42.79
S2
43.15
S1
43.59
PIVOT
43.95
R1
44.39
R2
44.75
R3
45.19

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
42.1421 46.2979
±4.7% from 44.22, made 2026-09-05 · resolves 2026-09-12
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21817 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)37.60NEUTRAL
Stochastic %K (14)11.73BUY
CCI (20)-123.96BUY
Williams %R (14)-88.27BUY
MACD (12,26,9)-0.04SELL
ROC (10)-1.40SELL
Momentum (10)-0.62SELL
EMA (10)44.20SELL
SMA (10)44.23SELL
EMA (20)44.52SELL
SMA (20)44.44SELL
EMA (30)44.71SELL
SMA (30)45.12SELL
EMA (50)44.71SELL
SMA (50)45.14SELL
EMA (100)43.88SELL
SMA (100)44.24SELL
EMA (200)41.66BUY
SMA (200)41.10BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About WHSP Holdings Limited

Financial Services · Capital Markets

Washington H. Soul Pattinson and Company Limited, an investment company, engages in investing various industries and asset classes in Australia. It operates through six segments: Listed Companies, Private Companies, Emerging Companies Portfolio, Real Assets, Credit Portfolio, and Treasury. The company invests in largely uncorrelated listed companies; managed listed equities; unlisted and growing companies; credit related financial instruments; and property development. It also engages in the manufacturing, distribution, and sale of building products. Washington H. Soul Pattinson and Company Limited was founded in 1872 and is headquartered in Sydney, Australia.

soulpatts.com.au ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.