DYE AND DURHAM LIMITED (DND.TO) - Not Halal (Non-Compliant)
DYE AND DURHAM LIMITED (DND.TO) 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
- Technology
- Industry
- Software - Application
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Application" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1280.5% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 34.6% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 2.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 2.05%.Based on the company's financial statements, approximately 2.05% of dividend income should be donated to charity for purification. This is derived from identified interest income (2.05% of total income). Some scholars may differ on the exact calculation method.
About DYE AND DURHAM LIMITED
Dye & Durham Limited, together with its subsidiaries, provides cloud-based platforms in Canada, the United Kingdom, Ireland, Australia, and South Africa. The company offers Legal Practice Management, a practice management software; Data Insights and Due Diligence, a software that connects a network of professionals with critical information through a mix of public records and proprietary data to create legal due diligence reports; Legal Accounting Software for managing finances, including billing, reporting, and timekeeping; and Entity Management Software, a cloud-based corporate records management system designed for law firms. It also provides lending technology; tax services, bill payment services, and funds transfer services; and digital banking capabilities and managed banking infrastructure services, as well as critical information services and workflow solutions. The company serves law firms, financial service institutions, and government organizations, as well as sole-practitioner law firms and small businesses. Dye & Durham Limited was founded in 1874 and is headquartered in Toronto, Canada.

