Daikin Industries Ltd. (DKILY) - Halal (Shariah-Compliant)
Daikin Industries Ltd. (DKILY) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Building Products & Equipment
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Building Products & Equipment" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 22.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 21.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.37%.Based on the company's financial statements, approximately 0.37% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.37% of total income). Some scholars may differ on the exact calculation method.
About Daikin Industries Ltd.
Daikin Industries,Ltd., together with its subsidiaries, manufactures and sells air conditioning and refrigeration equipment in Japan, the United States, China, Europe, Asia, Oceania, and internationally. The company offers split/multi-split type air conditioners, unitary, air to water heat pump systems, heating systems, air purifiers, medium/low temperature refrigeration, packaged air conditioners, VRV, ventilation products, control systems, container refrigeration units, air and water cooled chillers, rooftops, air side equipment, air filters, and marine HVAC; and after-sales services, including troubleshooting, preventive maintenance, training and technical support, parts and consumables, and error codes. It also provides chemical products, such as fluoropolymers, fluoroelastomers, and fluorine gas; air purification filters and dust collection and sound suppression systems; oil hydraulic pumps and units; defense systems, aircraft parts, and medical equipment; and electronics and IT solutions. The company was founded in 1924 and is headquartered in Kita, Japan.
