Is DoubleDown Interactive Co., Ltd. (DDI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.7% / 30% | 93.4% / 30% | 6.9% / 30% | 4.59% / 5% | ✗ NOT HALAL |
| DJIM | 8.7% / 33% | 93.4% / 33% | 6.9% / 33% | 4.59% / 5% | ✗ NOT HALAL |
| MSCI | 4.3% / 33% | 45.8% / 33% | 3.4% / 33% | 4.59% / 5% | ✗ NOT HALAL |
| S&P | 8.7% / 33% | 93.4% / 33% | 6.9% / 33% | 4.59% / 5% | ✗ NOT HALAL |
| FTSE | 4.3% / 33% | 45.8% / 33% | 3.4% / 50% | 4.59% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 71.8% | |
| Operating Margin | 31.2% | |
| Net Margin | 28.5% | |
| Return on Equity (ROE) | 11.5% | |
| Return on Assets (ROA) | 8.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $148M |
| Free Cash Flow | $148M |
| Total Debt | $39M |
| Debt-to-Equity | 4.2 |
| Current Ratio | 7.7 |
| Total Assets | $906M |
Price & Trading
| Last Close | $8.70 |
| 50-Day MA | $8.76 |
| 200-Day MA | $9.12 |
| Avg Volume | 66K |
| Beta | 0.8 |
|
52-Week Range
$8.09
| |
About DoubleDown Interactive Co., Ltd. (DDI)
DoubleDown Interactive Co., Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It operates through two segments, Social Casino Games and iGaming. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, and DoubleDown Fort Knox games, as well as sells in-game virtual chips. Its games are distributed, marketed, and promoted under Duelz, VoodooDreams, and NYSpins brands through third party platform providers. It also operates in the United States, Canada, and the United Kingdom, and internationally. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. DoubleDown Interactive Co., Ltd. was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. is a subsidiary of DoubleU Games Co., Ltd.
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Frequently Asked Questions
Is DoubleDown Interactive Co., Ltd. (DDI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DoubleDown Interactive Co., Ltd. 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 DoubleDown Interactive Co., Ltd.'s debt ratio?
DoubleDown Interactive Co., Ltd.'s debt ratio is 8.7% 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 4.3%.
What are DoubleDown Interactive Co., Ltd.'s key financial metrics?
DoubleDown Interactive Co., Ltd. has a market capitalization of $420M, trailing P/E ratio of 4.1, and revenue of $341M. The company maintains a gross margin of 71.8% and a net margin of 28.5%. Return on equity stands at 11.5%.
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.