WAAWAFA ASSURANCE
Not Sharia-compliantInsuranceMain MarketTrend · UP5.749,00 MAD
-1,00 MAD · -0.02%
Live chart · TradingView
15-min delayed CSE feedDay range
5.584,41 MAD – 6.028,24 MAD
52w range
4.734,26 MAD – 6.678,38 MAD
Avg volume (20d)
4.279
Momentum (1M)
-0.69%
Volatility (annualised)
28.4%
Prev close
5.750,00 MAD
Position vs 52w
52%
Trend signal (SMA20 vs 50)
UP
About the company
WAFA ASSURANCE is presented as a locally listed insurance company in the current EinveX screening experience.
WAFA ASSURANCE is included in the current EinveX screener for the Casablanca Stock Exchange universe.
- Ticker
- WAA
- Legal name
- WAFA ASSURANCE
- Sector
- Insurance
- Listing
- Main Market
- Sharia status
- Not Sharia-compliant
Sharia screening · AAOIFI ratios
Each row applies one of the four AAOIFI filters. Rows show pass/fail where a ratio applies, or N/A when the filter is not decisive for the current verdict.
| Filter | Formula | Limit | Value | Status |
|---|---|---|---|---|
| Activity | Qualitative | Sharia-compliant only | Not Sharia-compliant | Fail |
| Debt | Debt / Market cap | <= 30% | 0.0% | N/A |
| Cash | Cash / Market cap | <= 30% | 0.0% | N/A |
| Non-compliant revenue | Non-compliant income / Total revenue | <= 5% | 0.0% | N/A |
AAOIFI verdict
AAOIFI status: Not Sharia-compliant. The company fails the activity screen because conventional insurance is non-compliant under AAOIFI due to gharar and riba exposure; only takaful would be acceptable. Financial ratios are not decisive when the core activity is non-compliant.
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