Is Select Water Solutions, Inc. Class A common stock (WTTR) stock halal?

Is Select Water Solutions, Inc. Class A common stock stock halal? Select Water Solutions, Inc. Class A common stock (WTTR) is listed on NYSE and is covered in this site's broader research layer outside the tracked Sharia ETF set. Based on the business-activity and balance-sheet signals we could fetch, this company currently looks broadly compatible.

Current status

  • Ticker: WTTR
  • Exchange: NYSE
  • Status: Outside the tracked Sharia ETF stock set
  • Research signal: looks broadly compatible

Research factors

Sector: Energy

Industry: Oil & Gas Equipment & Services

Sector / industry does not obviously fall into the restricted categories we screen heuristically.

  • Debt level: Total debt / Market capitalization is 10.91%. This is compared against a 33.00% reference threshold.
  • Cash / liquidity proxy: Cash and cash equivalents / Market capitalization is 2.14% using a proxy value. This is compared against a 33.00% reference threshold.
  • Receivables level: Accounts receivable / Market capitalization is 10.10%. This is compared against a 33.00% reference threshold.
  • Interest income proxy: Interest income / Total revenue is -1.65% using a proxy value. This is compared against a 5.00% reference threshold.

What this means

This company is part of the broader listed-stock research layer rather than the tracked Sharia ETF stock set.

We surface business-activity, debt, cash, receivables, and interest signals for due diligence, without claiming a religious ruling.

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