DICK'S Sporting Goods, Inc.

DKS stock is Shariah-compliant

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About DICK'S Sporting Goods, Inc. (DKS)

DICK'S Sporting Goods, Inc. is a leading sporting goods retailer primarily operating in the eastern United States. The company offers a wide range of products, including sporting equipment, apparel, footwear, and accessories, through its various retail chains and e-commerce platforms. With over 730 DICK'S Sporting Goods stores as of January 2022, the company has been in business since 1948 and is headquartered in Coraopolis, Pennsylvania.

الأسئلة المتداولة

Is DICK'S Sporting Goods, Inc. (DKS) stock halal to invest in?
Yes, DKS is Shariah-compliant based on the company’s latest financial reports and therefore considered halal to invest in. Last updated on Sep 30, 2024.
No, DKS is Shariah-compliant based on the company’s latest financial reports and therefore not considered halal to invest in. Last updated on Sep 30, 2024.
DKS is flagged as Shariah-compliant in terms of Shariah compliance based on the company's latest financial reports. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of DICK'S Sporting Goods, Inc.'s business that require careful consideration. Last updated on Sep 30, 2024.
Does DICK'S Sporting Goods, Inc. have any interest income?
Yes, DICK'S Sporting Goods, Inc. does have interest income. According to the company's latest annual report for the fiscal year ending Feb 03, 2024, DICK'S Sporting Goods, Inc. reported revenue of 12984399000 and interest income of 0. The interest income represents 0% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, DICK'S Sporting Goods, Inc. has not reported any interest income. According to the company's latest annual report for the fiscal year ending Feb 03, 2024, DICK'S Sporting Goods, Inc. reported total revenue of 12984399000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if DICK'S Sporting Goods, Inc. stock is Shariah-compliant?
نحن نستخدم المبادئ التوجيهية التي وضعتها هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية (AAOIFI) لتقييم الامتثال للشريعة الإسلامية. هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية هي منظمة دولية رائدة تضع معايير التمويل الإسلامي. تساعد إرشاداتها في تحديد ما إذا كانت الأنشطة التجارية للشركة و والهيكل المالي يتماشى مع المبادئ الإسلامية. وتحظى هذه المعايير باحترام واسع النطاق في وتوفر إطارًا متسقًا لتقييم مدى توافق الأسهم والأدوات المالية الأخرى مع الشريعة الإسلامية. والأدوات المالية الأخرى. وتضم الهيئة الشرعية لهيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية علماء مشهورين مثل الشيخ محمد تقي عثماني، والشيخ عبد الستار أبو غدة، والشيخ عبد الله المانع.
How often is DICK'S Sporting Goods, Inc. stock reviewed for Shariah compliance?
The Shariah compliance status of DICK'S Sporting Goods, Inc. stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on DICK'S Sporting Goods, Inc.'s compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of DKS, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from DICK'S Sporting Goods, Inc. stock considered halal?
Yes, dividends from DKS are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for DICK'S Sporting Goods, Inc. (DKS), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from DKS are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my DICK'S Sporting Goods, Inc. shares?
If you hold DICK'S Sporting Goods, Inc. stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on stocks can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculation tool. For an even easier experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy DICK'S Sporting Goods, Inc. (DKS) stock on Zoya

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  4. قم بإدارة محفظتك في مكان واحد
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