Is Dubai Investments (DIC) Halal?

DFM Real Estate United Arab Emirates $16.3B
✗ NOT HALAL
Confidence: 90/100
Dubai Investments (DIC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 35.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Dubai Investments operates in the Real Estate sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 35.8%
/ 30%
19.8%
/ 30%
13.7%
/ 30%
2.22%
/ 5%
✗ NOT HALAL
DJIM 35.8%
/ 33%
19.8%
/ 33%
13.7%
/ 33%
2.22%
/ 5%
✗ NOT HALAL
MSCI 26.0%
/ 33%
14.4%
/ 33%
9.9%
/ 33%
2.22%
/ 5%
✓ HALAL
S&P 35.8%
/ 33%
19.8%
/ 33%
13.7%
/ 33%
2.22%
/ 5%
✗ NOT HALAL
FTSE 26.0%
/ 33%
14.4%
/ 33%
9.9%
/ 50%
2.22%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
10.6
Forward: 19.1
EPS
$0.36
Dividend Yield
470.0%
Payout: 50.0%
P/B Ratio
1.1
EV/EBITDA
15.9
EV: $18.5B
Revenue
$3.5B
Growth: 12.4%
Beta
0.3
Low volatility
Current Ratio
2.0

Profitability

Gross Margin 44.6%
Operating Margin 15.6%
Net Margin 41.1%
Return on Equity (ROE) 10.5%
Return on Assets (ROA) 2.9%

Cash Flow & Balance Sheet

Operating Cash Flow$883M
Free Cash Flow$822M
Total Debt$5.7B
Debt-to-Equity37.1
Current Ratio2.0
Total Assets$22.1B

Price & Trading

Last CloseAED 3.76
50-Day MAAED 3.93
200-Day MAAED 3.32
Avg Volume2.9M
Beta0.3
52-Week Range
AED 2.20
AED 4.35

About Dubai Investments (DIC)

CEO
Mr. Khalid Jasim Mohammed Bin Kalban
Sector
Real Estate
Industry
Real Estate - Development
Country
United Arab Emirates
Exchange
DFM
Market Cap
$16.3B
Currency
AED

Dubai Investments PJSC, together with its subsidiaries, engages in property, investment, manufacturing, contracting, and services businesses in the United Arab Emirates and internationally. It manufactures and sells materials that are used in construction projects; executes construction contracts; and produces raw and architectural glass, aluminum extruded products, and laboratory furniture, as well as pharmaceutical products. The company is also involved in the provision of district cooling, investment banking, asset management, financial investment, healthcare, and education services; and development of real estate for sale and leasing. Dubai Investments PJSC was incorporated in 1995 and is headquartered in Dubai, the United Arab Emirates.

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Frequently Asked Questions

Is Dubai Investments (DIC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Dubai Investments 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 Dubai Investments's debt ratio?

Dubai Investments's debt ratio is 35.8% 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 26.0%.

What are Dubai Investments's key financial metrics?

Dubai Investments has a market capitalization of $16.3B, trailing P/E ratio of 10.6, and revenue of $3.5B. The company maintains a gross margin of 44.6% and a net margin of 41.1%. Return on equity stands at 10.5%.

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.