WFLD – Wellfield Technologies Inc

Not Compliant

Wellfield Technologies Inc is not Shariah Compliant because of its involvement in Financial Transactions Processing, Reserve, and Clearinghouse Activities and related activities.

Wellfield Technologies Inc. is a Canada-based research and development focused financial technology (fintech) company that operates on public blockchains including Bitcoin and Ethereum. The Company operates a regulated platform that onboards customers globally, leveraging its proprietary decentralized technology to offer on-chain self-custody solutions. Its brands include Coinmama and Wellfield Capital. Its Coinmama branded business enables moving funds from its customers bank (directly or with credit card) to the blockchain world. The Company’s Wellfield Capital branded business provides institutional and professional investors with a dashboard to interact with blockchain solutions. Its VaultChain platform offers tokenization of real-world assets (gold and silver). Its LiquiFy platform leverages and optimizes liquidity in decentralized exchanges (DEXs) pools for decentralized finance services. Its subsidiary, Brane Trust Company Ltd., is a public trustee and qualified custodian.

AAOIFI ✗

Debt ÷ Market cap (MC)103.87
Non-Compliant Assets ÷ MC52.49

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