WCC

WESCO International, Inc.

HALAL — SCREEN DOES NOT PASSstock

Is WCC Halal?

Electrical, communications and utility distribution — generally permissible activity, but the current debt/assets screen fails.

What You Should Know

WESCO distributes electrical, communications, utility and supply-chain products. Its March 31, 2026 Form 10-Q reports assets of $16,964.7 million, debt and leases of $6,571.4 million, cash of $696.6 million, receivables of $4,752.0 million and sales of $6,080.1 million. Debt/assets is 38.74%, liquidity/assets is 4.11% and receivables plus cash/assets is 32.12%; the debt screen fails. Gross interest income is not separately disclosed and no universal prohibited-revenue numerator is available.

⚠️ Concerns

  • Debt/assets is 38.74%, above examined 33.333% limits
  • Receivables and Anixter-related acquisition integration require continuing review
  • Preferred-stock and lease capital structure require continuing review
  • Gross interest income is unavailable
  • No universal prohibited-revenue numerator is disclosed

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
38.74%Above limit
Below 33.333% under FTSE Yasaar

6,571.4 / 16,964.7

Cash + interest-bearing securities / assets
4.11%Within limit
Below 33.333% under FTSE Yasaar

696.6 / 16,964.7

Receivables + cash / assets
32.12%Within limit
Below 50% under FTSE Yasaar

5,448.6 / 16,964.7

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt/assets is 38.74%, above the examined 33.333% limit; liquidity/assets is 4.11% and receivables-plus-cash/assets is 32.12%, while gross interest income is unavailable.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Debt/assets is 38.74%, above the examined MSCI limit; gross interest income and prohibited-activity allocation remain unavailable.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Debt/assets is 38.74%, above the examined Malaysia limit. This is not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Fails

A licensed historical market-cap series is not stored; the total-assets debt screen already fails.

Business-activity disclosure

WESCO distributes electrical, communications, utility and supply-chain products. Distribution is generally permissible, while customer and downstream end-use allocation remains qualitative.

Limitation: The filing does not provide a universal prohibited-revenue numerator, and gross interest income is not separately disclosed.

Purification

Gross interest income is not separately disclosed and no scholar-specific purification instruction or universal prohibited-revenue numerator is provided.

Inputs, assumptions and primary sources
  • Amounts are USD millions from WESCO International's March 31, 2026 Form 10-Q.
  • Debt combines $5,821.7 million of current and long-term debt with $749.7 million of operating lease liabilities.
  • Cash is $696.6 million; receivables combine $4,273.1 million trade and $478.9 million other receivables.
  • Sales are $6,080.1 million. The filing reports net interest expense rather than a separately identifiable gross interest-income numerator, so no income input is invented.
  • Electrical, communications and utility product distribution is generally permissible, while customer/end-use allocation remains qualitative and no universal prohibited-revenue numerator is asserted.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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