Is Dogan Holding (DOHOL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 59.6% / 30% | 103.5% / 30% | 14.9% / 30% | 9.76% / 5% | ✗ NOT HALAL |
| DJIM | 59.6% / 33% | 103.5% / 33% | 14.9% / 33% | 9.76% / 5% | ✗ NOT HALAL |
| MSCI | 21.8% / 33% | 37.9% / 33% | 5.4% / 33% | 9.76% / 5% | ✗ NOT HALAL |
| S&P | 59.6% / 33% | 103.5% / 33% | 14.9% / 33% | 9.76% / 5% | ✗ NOT HALAL |
| FTSE | 21.8% / 33% | 37.9% / 33% | 5.4% / 50% | 9.76% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 18.1% | |
| Operating Margin | 6.4% | |
| Net Margin | 1.9% | |
| Return on Equity (ROE) | 1.8% | |
| Return on Assets (ROA) | 1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $23.1B |
| Free Cash Flow | $16.8B |
| Total Debt | $34.6B |
| Debt-to-Equity | 37.6 |
| Current Ratio | 1.6 |
| Total Assets | $184.6B |
Price & Trading
| Last Close | TRY 20.66 |
| 50-Day MA | TRY 20.88 |
| 200-Day MA | TRY 18.17 |
| Avg Volume | 13.9M |
| Beta | 0.5 |
|
52-Week Range
TRY 13.82
| |
About Dogan Holding (DOHOL)
Dogan Sirketler Grubu Holding A.S., together with its subsidiaries, engages in the electricity generation, industry and trade, automotive trade and marketing, finance and investment, internet and entertainment, and real estate investment businesses in Turkey. It generates electricity from hydroelectric, solar, and wind power plants; sells food and cosmetic packaging; sells vehicles; rents real estate properties; and sells books and magazines. The company is also involved in foreign trade, husbandry, and production; TV, radio, and magazine publishing; entertainment; mining and export; and vehicle rental, automotive electronics, and spare parts services. In addition, it offers technology and informatics, automotive electronics, telecommunications, automotive infotainment systems, investment banking, factoring, administrative consultancy, investment, insurance, planning, advertisement, real estate management, and internet services. Further, the company provides sea vehicles and store rent; digital call center; financial advisory; and project management, engineering, maintenance and repair, and technical service, as well as device, system, and software design, development, manufacturing, assembly, sales, marketing, import, export and after-sales technical support services in the fields of telecommunications, electronic communications, and information systems. Dogan Sirketler Grubu Holding A.S. was incorporated in 1980 and is based in Istanbul, Turkey.
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Frequently Asked Questions
Is Dogan Holding (DOHOL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Dogan Holding 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 Dogan Holding's debt ratio?
Dogan Holding's debt ratio is 59.6% 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 21.8%.
What are Dogan Holding's key financial metrics?
Dogan Holding has a market capitalization of $54.5B, trailing P/E ratio of 30.3, and revenue of $93.7B. The company maintains a gross margin of 18.1% and a net margin of 1.9%. Return on equity stands at 1.8%.
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.