DOLLARAMA INC (DOL.TO) - Questionable
DOLLARAMA INC (DOL.TO) is classified as Questionable 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 Defensive
- Industry
- Discount Stores
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Discount Stores" has mixed revenue streams that require further analysis. The sector "Consumer Defensive" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 12.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 1.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.34%.Based on the company's financial statements, approximately 0.34% 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 (0.34% of total income). Some scholars may differ on the exact calculation method.
About DOLLARAMA INC
Dollarama Inc. operates a chain of stores and provides related logistical and administrative support activities. Its stores offer general merchandise, consumables, and seasonal products. The company operates in Canada, Latin America, Colombia, Peru, Australia, and Mexico. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc. in September 2009. Dollarama Inc. was founded in 1992 and is headquartered in Mount Royal, Canada.
Frequently Asked Questions
Is DOLLARAMA INC (DOL.TO) stock halal to invest in?
According to AAOIFI Shariah screening standards, DOLLARAMA INC (DOL.TO) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does DOLLARAMA INC have any interest income?
Identified interest income is 0.3% of DOLLARAMA INC's total income. AAOIFI standards require non-permissible income to be below 5%.


