Is Dividend Select 15 Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Dividend Select 15 Corp (DS.TO) is currently classified as NOT HALAL as of April 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Dividend Select 15 Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Dividend Select 15 Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Dividend Select 15 Corp?

Muslim investors may consider investing in Dividend Select 15 Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Dividend Select 15 Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Dividend Select 15 Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Dividend Select 15 Corp updated?

The Shariah compliance status of Dividend Select 15 Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Dividend Select 15 Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Dividend Select 15 Corp?

You can check the latest Shariah compliance status of Dividend Select 15 Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

DS.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 07, 2025

Report Source: 2024 Annual Report

Dividend Select 15 Corp. Stock Analysis DS.TO

Canada N/A Nano Cap Report: 2024 Annual

Dividend Select 15 Corp is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2010-11-18. Dividend Select 15 Corp. is a Canada-based investment management company. The firm invests primarily in an actively managed portfolio of 15 core large capitalization Canadian companies selected from a portfolio universe of 20 companies. Its investment objectives are to provide equity shareholders with monthly cash distributions, and the opportunity for capital appreciation, through investment in the common shares of the portfolio companies. Its portfolio companies consist of Bank of Montreal, BCE Inc., Canadian Imperial Bank of Commerce, Cenovus Energy Inc., CI Financial Corp., Enbridge Inc., Great-West Lifeco Inc., Loblaw Companies Ltd., National Bank of Canada, Ovintiv Inc., Power Corporation of Cana, Royal Bank of Canada, Sun Life Financial Inc., TC Energy Corp., TELUS Corporation, The Bank of Nova Scotia, The Toronto-Dominion Bank, Thomson Reuters Corporation, TMX Group Inc., and TransAlta Corporation. Quadravest Capital Management Inc. is the investment manager of the Company.

Key Statistics of Dividend Select 15 Corp (DS.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD7.70CAD7.89

Today's Open

CAD7.74

Volume

4802.00

P/E Ratio (TTM)

52 Week Range

CAD6.42CAD7.89

Market Cap

49.43M

Avg. Volume

6590.96

Dividend Yield

Financial Metrics & Statements of Dividend Select 15 Corp (DS.TO)

FAQ's for Dividend Select 15 Corp (DS.TO)

According to Musaffa’s Shariah screening methodology, Dividend Select 15 Corp (DS.TO) is currently classified as NOT HALAL as of April 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.