Is Draganfly Inc. (DPRO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 2.6% / 30% | 0.2% / 30% | 1.63% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 2.6% / 33% | 0.2% / 33% | 1.63% / 5% | ✓ HALAL |
| MSCI | 4.2% / 33% | 61.3% / 33% | 5.6% / 33% | 1.63% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 2.6% / 33% | 0.2% / 33% | 1.63% / 5% | ✓ HALAL |
| FTSE | 4.2% / 33% | 61.3% / 33% | 5.6% / 50% | 1.63% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.4% | |
| Operating Margin | -409.6% | |
| Net Margin | -297.3% | |
| Return on Equity (ROE) | -45.4% | |
| Return on Assets (ROA) | -23.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$12M |
| Free Cash Flow | -$12M |
| Total Debt | $428,021 |
| Debt-to-Equity | 0.3 |
| Current Ratio | 21.6 |
| Total Assets | $10M |
Price & Trading
| Last Close | $4.72 |
| 50-Day MA | $7.25 |
| 200-Day MA | $6.67 |
| Avg Volume | 2.1M |
| Beta | 3.6 |
|
52-Week Range
$1.63
| |
About Draganfly Inc. (DPRO)
Draganfly Inc. develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-copters, fixed wing aircrafts, ground based robots, handheld controllers, and flight training, as well as software used for tracking, live streaming, and data collection. It also operates a health/telehealth platform, a set of technologies that remotely detects various biometrics, such as heart rate, oxygen saturation, and blood pressure. In addition, the company provides sanitary spraying services to indoor and outdoor public gathering spaces, including sport stadiums and fields; and custom engineering, training, flight, spraying, and geographic information systems data services. Further, it is involved in manufacturing of multirotor drones, which includes commander 3 XL, heavy lift, commander2, medical response, long range LiDAR, and Tango2 drones. The company serves public safety, agriculture, industrial inspections, and mapping and surveying markets. Draganfly Inc. was founded in 1998 and is headquartered in Saskatoon, Canada.
Purification Calculator
As a halal stock with 1.63% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Draganfly Inc. (DPRO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Draganfly Inc. 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 Draganfly Inc.'s debt ratio?
Draganfly Inc.'s debt ratio is 0.2% 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 4.2%.
Does Draganfly Inc. require dividend purification?
Yes, Draganfly Inc. has an impermissible income ratio of 1.63%, which means 1.63% 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 Draganfly Inc.'s key financial metrics?
Draganfly Inc. has a market capitalization of $166M, and revenue of $7M. The company maintains a gross margin of 20.4% and a net margin of -297.3%. Return on equity stands at -45.4%.
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.