Is Dollarama (DOL) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.9% / 30% | 0.2% / 30% | 0.2% / 30% | 0.44% / 5% | ✓ HALAL |
| DJIM | 8.9% / 33% | 0.2% / 33% | 0.2% / 33% | 0.44% / 5% | ✓ HALAL |
| MSCI | 72.7% / 33% | 1.9% / 33% | 1.6% / 33% | 0.44% / 5% | ✗ NOT HALAL |
| S&P | 8.9% / 33% | 0.2% / 33% | 0.2% / 33% | 0.44% / 5% | ✓ HALAL |
| FTSE | 72.7% / 33% | 1.9% / 33% | 1.6% / 50% | 0.44% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.0% | |
| Operating Margin | 24.5% | |
| Net Margin | 18.0% | |
| Return on Equity (ROE) | 99.0% | |
| Return on Assets (ROA) | 15.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.6B |
| Free Cash Flow | $1.4B |
| Total Debt | $4.7B |
| Debt-to-Equity | 370.6 |
| Current Ratio | 1.1 |
| Total Assets | $6.5B |
Price & Trading
| Last Close | CAD 168.84 |
| 50-Day MA | CAD 190.95 |
| 200-Day MA | CAD 191.19 |
| Avg Volume | 648K |
| Beta | 0.3 |
|
52-Week Range
CAD 147.00
| |
About Dollarama (DOL)
Dollarama Inc. operates a chain of stores and provides related logistical and administrative support activities. Its stores offer general merchandise, consumables, and seasonal products. The company operates in Canada, Latin America, Colombia, Peru, Australia, and Mexico. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc. in September 2009. Dollarama Inc. was founded in 1992 and is headquartered in Mount Royal, Canada.
Purification Calculator
As a halal stock with 0.44% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Dollarama (DOL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Dollarama is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Dollarama's debt ratio?
Dollarama's debt ratio is 8.9% 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 72.7%.
Does Dollarama require dividend purification?
Yes, Dollarama has an impermissible income ratio of 0.44%, which means 0.44% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Dollarama's key financial metrics?
Dollarama has a market capitalization of $45.5B, trailing P/E ratio of 35.2, and revenue of $6.4B. The company maintains a gross margin of 45.0% and a net margin of 18.0%. Return on equity stands at 99.0%.
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.