Is West Fraser Timber Co. Ltd. (WFG) halal? Halal. Based on AAOIFI screening, West Fraser Timber Co. Ltd. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).

West Fraser Timber Co. Ltd.

WFG: Is West Fraser Timber Co. Ltd. Halal?

Halal

West Fraser Timber Co. Ltd.

NYSEBasic MaterialsCA

$67.17

-0.78%

Purify ~0.4% of income

About West Fraser Timber Co. Ltd.

West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. It sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, China, Europe, Asia, and other countries. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.

Sector: Basic Materials 路 Industry: Paper, Lumber & Forest Products

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A

Very Good

Strong compliance across all metrics

89Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap6.3% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: FY 2025Source: FMP

Purify Your WFG Dividends

0.4% non-compliant income

WFG has 0.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

5.1B

Price

$67.17

Sector

Basic Materials

Industry

Paper, Lumber & Forest Products

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Frequently Asked Questions

Is West Fraser Timber Co. Ltd. (WFG) halal to invest in?
Based on AAOIFI Standard 21 screening, West Fraser Timber Co. Ltd. (WFG) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did West Fraser Timber Co. Ltd. get a A compliance rating?
West Fraser Timber Co. Ltd. (WFG) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.3% (limit 30%); interest-bearing deposits of 3.8% (limit 30%); prohibited income of 0.44% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change West Fraser Timber Co. Ltd.'s Shariah verdict?
West Fraser Timber Co. Ltd.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is West Fraser Timber Co. Ltd. re-screened for Shariah compliance?
West Fraser Timber Co. Ltd. (WFG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.