DKNG
Quality Rating
DKNG operates in its industry with a focus on activities that raise significant Shariah compliance concerns, particularly due to core business involvement in prohibited sectors. Financial ratios generally meet standard thresholds, but business activity screening results in non-compliance. The company is excluded from all major Shariah indices due to its revenue model. Purification is required for minor non-compliant income sources, and investors should exercise caution. Overall, this report assesses DKNG as non-compliant based on index inclusion criteria.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Not included in any major Shariah indices: S&P Dow Jones, MSCI, FTSE, or DJIM.
Key Compliance Considerations
- Core business activities involve gambling, which is prohibited under Shariah principles
- Exclusion from all major Shariah indices due to haram revenue sources
Debt Ratio
10.1%
Liquidity Ratio
5.9%
Interest Income Ratio
0.0%
Purification
0.39%