Is Delixy Holdings Limited (DLXY) Stock Halal or Haram?
Delixy Holdings Limited (DLXY) - Not Halal (Non-Compliant)
Delixy Holdings Limited (DLXY) is classified as Not Halal (Non-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
Energy
Industry
Oil & Gas Refining & Marketing
Result
Pass
Reason
The sector "Energy" and industry "Oil & Gas Refining & Marketing" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 138.9% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 62.0% | Threshold: 30% | Result: Fail
Non-Permissible Income Ratio
Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.02%.Based on the company's financial statements, approximately 0.02% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.02% of total income). Some scholars may differ on the exact calculation method.
About Delixy Holdings Limited
Delixy Holdings Limited, an investment holding company, engages in the wholesale trading of crude oil and oil-based products in Southeast Asia, East Asia, and the Middle East. It engages physical trading; risk control, compliance, and safety, healthy and environmental protection; exchange futures and derivatives; commodity payment; and vessel chartering, bonded tank leasing and pipeline transportation, partial delivery, bunker blending, land transportation, trigger price and roll over pricing, and variety spread. The company was incorporated in 2024 and is headquartered in Singapore. Delixy Holdings Limited is a subsidiary of Mega Origin Holdings Limited.
Frequently Asked Questions
Is Delixy Holdings Limited (DLXY) stock halal to invest in?
According to AAOIFI Shariah screening standards, Delixy Holdings Limited (DLXY) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Delixy Holdings Limited have any interest income?
Based on the company's financial statements, approximately 0.02% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.02% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Delixy Holdings Limited
Delixy Holdings Limited, an investment holding company, engages in the wholesale trading of crude oil and oil-based products in Southeast Asia, East Asia, and the Middle East. It engages physical trading; risk control, compliance, and safety, healthy and environmental protection; exchange futures and derivatives; commodity payment; and vessel chartering, bonded tank leasing and pipeline transportation, partial delivery, bunker blending, land transportation, trigger price and roll over pricing, and variety spread. The company was incorporated in 2024 and is headquartered in Singapore. Delixy Holdings Limited is a subsidiary of Mega Origin Holdings Limited.
SingaporeNASDAQEnergy
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
Status changed from Questionable to Not Halalon-demand screening
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Delixy Holdings Limited (DLXY) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Delixy Holdings Limited's interest income ratio is 62.0% of total revenue. AAOIFI standards require this to be below 30%.
DLXY is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Delixy Holdings Limited's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save DLXY to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Delixy Holdings Limited require purification. Approximately 0.02% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Delixy Holdings Limited's interest income ratio is 62.0% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if DLXY stock is Shariah-compliant?
DLXY is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Delixy Holdings Limited stock reviewed for Shariah compliance?
Delixy Holdings Limited's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Delixy Holdings Limited's compliance status?
You can save DLXY to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Delixy Holdings Limited stock considered halal?
Dividends from Delixy Holdings Limited require purification. Approximately 0.02% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Delixy Holdings Limited shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
