WDFC

WD-40 Company

HALAL

Score: 80/100

stock

Is WDFC Halal?

Maker and marketer of maintenance and household consumer products (WD-40, 3-IN-ONE, Lava) — a permissible business, with leverage as the primary financial-screen consideration.

What You Should Know

WD-40 Company is a publicly-traded global marketer of maintenance products and homecare and cleaning products, best known for its flagship WD-40 multi-use lubricant, along with the WD-40 Specialist line, 3-IN-ONE, GT85, Lava, and Solvol brands. Manufacturing and selling maintenance and household consumer products is a permissible activity at the activity level under standard Sharia methodology; WD-40 earns product revenue rather than interest. The financial screen is the primary consideration: WD-40 carries some interest-bearing debt and a revolving credit facility used for working capital and capital return, so the debt-to-market-cap ratio should be verified against the 33% Sharia threshold at the time of investment, though the company is highly profitable and maintains a manageable leverage profile. Subject to that verification, most major Sharia advisory boards classify WD-40 as permissible with purification of small interest-income components.

⚠️ Concerns

•Debt-to-market-cap ratio should be verified against the 33% Sharia threshold at the time of investment — WD-40 carries some interest-bearing debt and a revolving facility; this is the primary Sharia-screening consideration
•Term debt and revolving credit are conventional, interest-bearing instruments — investors who object to any such issuance should weigh this even where the debt ratio passes the 33% screen
•Interest income from cash balances should be confirmed against the 5% threshold and the corresponding portion of any returns purified
•As a branded consumer-products company, WD-40's revenue and margins are sensitive to input costs, currency, and consumer demand — this is a business and valuation consideration rather than a Sharia screen concern