DOGUS OTOMOTIV (DOAS.IS) - Not Halal (Non-Compliant)
DOGUS OTOMOTIV (DOAS.IS) 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
- Consumer Cyclical
- Industry
- Auto & Truck Dealerships
- Result
- Pass
- Reason
- The sector "Consumer Cyclical" and industry "Auto & Truck Dealerships" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 81.5% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 12.6% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.15%.Based on the company's financial statements, approximately 1.15% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.15% of total income). Some scholars may differ on the exact calculation method.
About DOGUS OTOMOTIV
Dogus Otomotiv Servis ve Ticaret A.S., together with its subsidiaries, engages in automotive and real estate businesses in Turkey. The company operates through Automotive and Real Estate segments. The Automotive segments engages in the importing, marketing, and selling passenger and commercial vehicles, spare parts of Volkswagen Group brands VW, Audi, Seat, Cupra, Porsche, Bentley, Lamborghini, Meiller, Scania, Scania Power Solutions, Wielton semi-trailers, and Thermoking vehicle cooling systems; purchasing and selling used vehicles through dealers under the DOD brand; sales and service of Novamarine brand boats and speedboats, as well as after-sales services and spare parts field; and sales and service operations of Aerofoil brand e-foil products and Mate brand electric-assisted bicycles. The Real Estate segment operates a portfolio consisting of real estate-based assets and rights. It also offers installation and operation of charging units, charging stations, and charging network; and creates and manages a portfolio of real estate and real estate-based capital market instruments. The company was founded in 1994 and is headquartered in Istanbul, Turkey. Dogus Otomotiv Servis ve Ticaret A.S. operates as a subsidiary of Dogus Holding A.S.