Advanced Drainage Systems

WMS stock is Shariah-compliant

مدعوم بواسطة Zoya API

About Advanced Drainage Systems (WMS)

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic pipes, water management products, and drainage solutions for underground construction and infrastructure projects. The company operates through various segments, including Pipe, International, Infiltrator, and Allied Products & Other, offering a range of products such as corrugated pipes, leachfield chambers, septic tanks, and geosynthetic materials. With a network of distribution centers, Advanced Drainage Systems caters to non-residential, residential, agriculture, and infrastructure applications in the United States, Canada, Mexico, and internationally.

الأسئلة المتداولة

Is Advanced Drainage Systems (WMS) stock halal to invest in?
As of Aug 27, 2024, Advanced Drainage Systems (WMS) stock is Shariah-compliant based on its business activities and financial ratios.
As of Aug 27, 2024, Advanced Drainage Systems (WMS) stock is flagged as Shariah-compliant in terms of Shariah compliance. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of Advanced Drainage Systems's business that require careful consideration.
Does Advanced Drainage Systems have any interest income?
Yes, Advanced Drainage Systems does have interest income. According to the company's latest annual report for the fiscal year ending Mar 31, 2024, Advanced Drainage Systems reported revenue of 2874473000 and interest income of 22047000. The interest income represents 0.76% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, Advanced Drainage Systems has not reported any interest income. According to the company's latest annual report for the fiscal year ending Mar 31, 2024, Advanced Drainage Systems reported total revenue of 2874473000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Advanced Drainage Systems stock is Shariah-compliant?
نحن نستخدم المبادئ التوجيهية التي وضعتها هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية (AAOIFI) لتقييم الامتثال للشريعة الإسلامية. هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية هي منظمة دولية رائدة تضع معايير التمويل الإسلامي. تساعد إرشاداتها في تحديد ما إذا كانت الأنشطة التجارية للشركة و والهيكل المالي يتماشى مع المبادئ الإسلامية. وتحظى هذه المعايير باحترام واسع النطاق في وتوفر إطارًا متسقًا لتقييم مدى توافق الأسهم والأدوات المالية الأخرى مع الشريعة الإسلامية. والأدوات المالية الأخرى. وتضم الهيئة الشرعية لهيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية علماء مشهورين مثل الشيخ محمد تقي عثماني، والشيخ عبد الستار أبو غدة، والشيخ عبد الله المانع.
How often is Advanced Drainage Systems stock reviewed for Shariah compliance?
The Shariah compliance status of Advanced Drainage Systems stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Advanced Drainage Systems's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of WMS, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Advanced Drainage Systems stock considered halal?
Yes, dividends from WMS are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for Advanced Drainage Systems (WMS), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from WMS are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Advanced Drainage Systems shares?
If you hold Advanced Drainage Systems stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on stocks can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculation tool. For an even easier experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy Advanced Drainage Systems (WMS) stock on Zoya

  1. سجّل للحصول على حساب زويا مجاناً
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  3. حدد المبلغ الذي تريد استثماره
    انتقل إلى شاشة البحث واكتب اسم السهم في شريط البحث. بعد ذلك، انقر على زر الشراء وأدخل المبلغ الذي ترغب في استثماره، سواء بالدولار أو عدد الأسهم. راجع سعر السهم في الوقت الحقيقي وكمية الأسهم المقدرة قبل تأكيد استثمارك.
  4. قم بإدارة محفظتك في مكان واحد
    يمكنك العثور على الأسهم التي اشتريتها حديثًا في محفظة Zoya الخاصة بك إلى جانب بقية ممتلكاتك. قم بتمكين التنبيهات للحصول على إشعارات بأي تغييرات في امتثال محفظتك للشريعة الإسلامية.

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