Is DAVIS COMMODITIES Ltd (DTCK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 26.3% / 30% | 38.7% / 30% | 460.4% / 30% | 0.36% / 5% | ✗ NOT HALAL |
| DJIM | 26.3% / 33% | 38.7% / 33% | 460.4% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| MSCI | 2.3% / 33% | 3.4% / 33% | 41.0% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| S&P | 26.3% / 33% | 38.7% / 33% | 460.4% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| FTSE | 2.3% / 33% | 3.4% / 33% | 41.0% / 50% | 0.36% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 1.3% | |
| Operating Margin | -0.2% | |
| Net Margin | -3.0% | |
| Return on Equity (ROE) | -52.5% | |
| Return on Assets (ROA) | -9.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$777,000 |
| Free Cash Flow | -$782,000 |
| Total Debt | $460,000 |
| Debt-to-Equity | 63.5 |
| Current Ratio | 1.0 |
| Total Assets | $20M |
Price & Trading
| Last Close | $1.00 |
| 50-Day MA | $3.18 |
| 200-Day MA | $14.04 |
| Avg Volume | 949K |
| Beta | 0.0 |
|
52-Week Range
$0.60
| |
About DAVIS COMMODITIES Ltd (DTCK)
Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Africa, China, Indonesia, Vietnam, the Philippines, Thailand, Singapore, and internationally. It trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. The company also provides warehouse handling, storage, and logistics services. Davis Commodities Limited was founded in 1999 and is headquartered in Singapore. The company operates as a subsidiary of Davis & KT Holdings Pte. Ltd.
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Frequently Asked Questions
Is DAVIS COMMODITIES Ltd (DTCK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DAVIS COMMODITIES 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 DAVIS COMMODITIES Ltd's debt ratio?
DAVIS COMMODITIES Ltd's debt ratio is 26.3% 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 2.3%.
What are DAVIS COMMODITIES Ltd's key financial metrics?
DAVIS COMMODITIES Ltd has a market capitalization of $1M, and revenue of $132M. The company maintains a gross margin of 1.3% and a net margin of -3.0%. Return on equity stands at -52.5%.
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.