Is Digital Brands Group, Inc. (DBGI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 25.1% / 30% | 0.6% / 30% | 1.7% / 30% | 12.74% / 5% | ✗ NOT HALAL |
| DJIM | 25.1% / 33% | 0.6% / 33% | 1.7% / 33% | 12.74% / 5% | ✗ NOT HALAL |
| MSCI | 32.9% / 33% | 0.8% / 33% | 2.2% / 33% | 12.74% / 5% | ✗ NOT HALAL |
| S&P | 25.1% / 33% | 0.6% / 33% | 1.7% / 33% | 12.74% / 5% | ✗ NOT HALAL |
| FTSE | 32.9% / 33% | 0.8% / 33% | 2.2% / 50% | 12.74% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.4% | |
| Operating Margin | -201.3% | |
| Net Margin | -164.6% | |
| Return on Equity (ROE) | -162.8% | |
| Return on Assets (ROA) | -22.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $7M |
| Debt-to-Equity | 40.0 |
| Current Ratio | 0.8 |
| Total Assets | $20M |
Price & Trading
| Last Close | $1.91 |
| 50-Day MA | $5.20 |
| 200-Day MA | $8.53 |
| Avg Volume | 642K |
| Beta | 0.4 |
|
52-Week Range
$1.70
| |
About Digital Brands Group, Inc. (DBGI)
Digital Brands Group, Inc. engages in the provision of various apparel products through direct-to-consumer and wholesale distribution. The company offers women's clothing, including dresses, tops, jumpsuits, sets, shirts, sweaters, skirts, shorts, athleisure bottoms, and other accessory products, as well as t-shirts, jackets and rompers. It sells its products under the Bailey 44, Stateside, DSTLD, Sundry, and AVO Studios brand names. The company sells directly to the consumer through its websites and showrooms, as well as through its wholesale channel in specialty stores and select department stores. The company was formerly known as Denim.LA, Inc. Digital Brands Group, Inc. was incorporated in 2012 and is headquartered in Austin, Texas.
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Frequently Asked Questions
Is Digital Brands Group, Inc. (DBGI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Digital Brands Group, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Digital Brands Group, Inc.'s debt ratio?
Digital Brands Group, Inc.'s debt ratio is 25.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 32.9%.
What are Digital Brands Group, Inc.'s key financial metrics?
Digital Brands Group, Inc. has a market capitalization of $14M, trailing P/E ratio of 0.0, and revenue of $12M. The company maintains a gross margin of 19.4% and a net margin of -164.6%. Return on equity stands at -162.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.