DBGI
Quality Rating
This report evaluates the Shariah compliance of DBGI, a company in its industry, based on financial ratios, business activities, index inclusions, and multi-perspective analyses. Key concerns include high interest income and borderline debt levels, leading to non-compliance under major standards. Despite a permissible core business in digital fashion, financial structures require significant purification. The stock is not included in any major Shariah indices, classifying it as non-compliant overall. Investors should consider alternatives in compliant sectors and consult scholars for personalized guidance.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- High interest income ratio of 24.12% exceeds 5% threshold across all standards
- Debt ratio of 30.72% fails AAOIFI's 30% limit but passes MSCI and S&P thresholds
Debt Ratio
30.7%
Liquidity Ratio
10.6%
Interest Income Ratio
24.1%
Purification
24.12%