Is D-MARKET Electronic Services & Trading (HEPS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 216.0% / 30% | 882.7% / 30% | 494.3% / 30% | 5.44% / 5% | ✗ NOT HALAL |
| DJIM | 216.0% / 33% | 882.7% / 33% | 494.3% / 33% | 5.44% / 5% | ✗ NOT HALAL |
| MSCI | 8.5% / 33% | 34.9% / 33% | 19.6% / 33% | 5.44% / 5% | ✗ NOT HALAL |
| S&P | 216.0% / 33% | 882.7% / 33% | 494.3% / 33% | 5.44% / 5% | ✗ NOT HALAL |
| FTSE | 8.5% / 33% | 34.9% / 33% | 19.6% / 50% | 5.44% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 25.4% | |
| Operating Margin | 0.0% | |
| Net Margin | -6.7% | |
| Return on Equity (ROE) | -213.7% | |
| Return on Assets (ROA) | -4.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.7B |
| Free Cash Flow | $3.7B |
| Total Debt | $2.2B |
| Debt-to-Equity | 120.6 |
| Current Ratio | 0.9 |
| Total Assets | $26.1B |
Price & Trading
| Last Close | $2.63 |
| 50-Day MA | $2.74 |
| 200-Day MA | $2.67 |
| Avg Volume | 267K |
| Beta | 2.3 |
|
52-Week Range
$2.15
| |
About D-MARKET Electronic Services & Trading (HEPS)
D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc. It also operates Hepsiburada Market, an app-in-app initiative and on-demand delivery service; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; Hepsipay and Hepsifinans, which offers e-wallet, e-money, payment facilitation services, and consumer lending; and Hepsiburada Seyahat for buying airline tickets online. The company was incorporated in 2000 and is headquartered in Istanbul, Turkey. D-Market Elektronik Hizmetler ve Ticaret A.S. is a subsidiary of Joint Stock Company Kaspi.kz.
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Frequently Asked Questions
Is D-MARKET Electronic Services & Trading (HEPS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), D-MARKET Electronic Services & Trading 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 D-MARKET Electronic Services & Trading's debt ratio?
D-MARKET Electronic Services & Trading's debt ratio is 216.0% 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 8.5%.
What are D-MARKET Electronic Services & Trading's key financial metrics?
D-MARKET Electronic Services & Trading has a market capitalization of $944M, and revenue of $57.0B. The company maintains a gross margin of 25.4% and a net margin of -6.7%. Return on equity stands at -213.7%.
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.