Dollar General

DG stock is not Shariah-compliant

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About Dollar General (DG)

Dollar General is a discount retailer operating over 18,000 stores across 47 states in the United States. The company offers a wide range of products including consumables, seasonal items, home products, and apparel, catering to everyday needs at affordable prices. Founded in 1939 and headquartered in Goodlettsville, Tennessee, Dollar General has grown to become a major player in the discount retail sector, particularly in southern, southwestern, Midwestern, and eastern regions of the country.

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Is Dollar General (DG) stock halal to invest in?
Yes, DG is not Shariah-compliant based on the company’s latest financial reports and therefore considered halal to invest in. Last updated on Sep 30, 2024.
No, DG is not Shariah-compliant based on the company’s latest financial reports and therefore not considered halal to invest in. Last updated on Sep 30, 2024.
DG is flagged as not 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 Dollar General's business that require careful consideration. Last updated on Sep 30, 2024.
Does Dollar General have any interest income?
Yes, Dollar General does have interest income. According to the company's latest annual report for the fiscal year ending Feb 02, 2024, Dollar General reported revenue of 38691609000 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, Dollar General has not reported any interest income. According to the company's latest annual report for the fiscal year ending Feb 02, 2024, Dollar General reported total revenue of 38691609000, 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 Dollar General stock is Shariah-compliant?
İslami Finansal Kurumlar için Muhasebe ve Denetim Organizasyonu tarafından belirlenen yönergeleri kullanıyoruz (AAOIFI) tarafından şeriata uygunluğu değerlendirmek üzere kurulmuştur. AAOIFI, Şeriat'a uygunluk değerlendirmesi yapan önde gelen uluslararası bir kuruluştur. İslami finans için standartlar. Kılavuz ilkeleri, bir şirketin ticari faaliyetlerinin ve finansal yapı İslami ilkelerle uyumludur. Bu standartlar, İslami finans sektöründe geniş çapta saygı görmektedir. ve hisse senetlerinin Şeriata uygunluğunu değerlendirmek için tutarlı bir çerçeve sağlar. diğer finansal araçlar. AAOIFI'nin Şeriat kurulunda Şeyh Muhammed gibi tanınmış akademisyenler yer almaktadır. Taqi Usmani, Şeyh AbdulSattar Abu Ghuddah ve Şeyh Abdullah AlManea.
How often is Dollar General stock reviewed for Shariah compliance?
The Shariah compliance status of Dollar General 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 Dollar General'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 DG, 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 Dollar General stock considered halal?
Yes, dividends from DG 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 Dollar General (DG), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from DG 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 Dollar General shares?
If you hold Dollar General 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 Dollar General (DG) stock on Zoya

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  3. Ne kadar yatırım yapacağınıza karar verin
    Arama ekranına gidin ve arama çubuğuna hisse senedinin adını yazın. Ardından, satın al düğmesine tıklayın ve dolar veya hisse sayısı cinsinden yatırım yapmak istediğiniz tutarı girin. Yatırımınızı onaylamadan önce gerçek zamanlı hisse senedi fiyatını ve tahmini hisse miktarını inceleyin.
  4. Portföyünüzü tek bir yerden yönetin
    Yeni satın aldığınız hisse senedini Zoya portföyünüzde diğer varlıklarınızla birlikte bulabilirsiniz. Portföyünüzün Şeriat uyumluluğundaki herhangi bir değişiklikten haberdar olmak için uyarıları etkinleştirin.

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