Woori Financial Group Inc

WF

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Financials
Korea; Republic (S. Korea)
Large Cap

Woori Financial Group Inc is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

-

Impure Income*

$2.991

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
STRONG BUY
$90.64
1
2.40%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
28.48%
25.07%
0.00
0.00
-1.82%

Shariah Compliance

  • Updated on July 21, 2026
Debt
100%
✗
Non-Compliant Assets
0.62%
✓
Impure Income

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
100%
✗
Impure Income

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
100%
✗
Impure Income

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
15.02%
✓
Cash
28.18%
✓
Cash & AR
28.18%
✓
Impure Income

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
15.02%
✓
Cash
28.18%
✓
Cash & AR
28.18%
✓
Impure Income

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
-

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

Woori Financial Group Inc is a holding company primarily engaged in the banking operation business. The Company operates banking, insurance, credit-specialized financial services, financial investment, savings bank operations and other business. The Banking segment offers banking business such as lending and deposit taking. The Insurance segment operates life insurance business. The Credit-Specialized Financial Service segment provides credit cards, cash advances, card loans, automobile finance, corporate finance and retail finance services. The Financial Investment segment is engaged in the trading, brokerage and underwriting of securities, real estate trust services, asset management services, as well as non-performing loan investment and management. The Savings Bank segment offers lending and deposit taking services. The Other Business segment operates debt collection, fund services, information technology services, as well as management research and consulting activities.