Wave Sync Corp

WAYS

Compliant
Exchange
Sector
Headquarters
Group
OTC
Technology
USA
Micro Cap

Wave Sync Corp is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

0.33%

Impure Income*

$0.000

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
0
$0.00
0
0.00%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-1013.36%
-900.76%
1.14
1.14
0.00%

Shariah Compliance

  • Updated on July 21, 2026
Debt
4.22%
✓
Non-Compliant Assets
1.34%
✓
Impure Income
0.33%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
4.22%
✓
Impure Income
0.33%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
14.52%
✓
Impure Income
0.33%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
14.52%
✓
Cash
2.21%
✓
Cash & AR
2.21%
✓
Impure Income
0.33%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
14.52%
✓
Cash
2.21%
✓
Cash & AR
2.21%
✓
Impure Income
0.33%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.33%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Wave Sync Corp., formerly New York Holding Corp., is engaged in commercial and industrial real estate business. The Company owns three operating entities: Florence Development LLC, Royal Park LLC and St. Louis Center, LLC. Florence Development LLC is engaged in the business of purchasing, holding, salvaging, renovating, leasing and/or mortgaging real property and related improvements located in Florence, South Carolina, known as Florence Development. Royal Park LLC doing business as The Country Club of South Carolina, operates as a golf club in Florence, South Carolina, known as the Country Club. The St. Louis Center, LLC operates a recreational sports facility located in Affton, Missouri, known as Center St. Louis.