Is Davis Commodities Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Davis Commodities Ltd (DTCK) is currently classified as DOUBTFUL as of July 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 Davis Commodities Ltd 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 Davis Commodities Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Davis Commodities Ltd?

Muslim investors may consider investing in Davis Commodities Ltd 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 Davis Commodities Ltd classified as DOUBTFUL?

Musaffa determines the Shariah status of Davis Commodities Ltd 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 Davis Commodities Ltd updated?

The Shariah compliance status of Davis Commodities Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Davis Commodities Ltd 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 Davis Commodities Ltd?

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

DTCK Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 01, 2025

Report Source: 2024 Annual Report

Davis Commodities Ltd. Stock Analysis DTCK

United States Consumer Discretionary Nano Cap Report: 2024 Annual

Davis Commodities Ltd is a SG-based company operating in Consumer Staples Distribution & Retail industry. The company employs 21 full-time employees The company went IPO on 2023-09-19. Davis Commodities Limited is an agricultural commodity trading company. The company is engaged in the trading of three main categories of agricultural commodities, namely sugar, rice, and oil and fat products. The Company’s segments include the sale of sugar, sale of rice, sale of oil and fat products, and sale of others. The company also provides customers with ancillary services, such as warehouse handling and storage and logistics services. The company is engaged in using a global network of third-party commodity suppliers and logistics service providers to distribute sugar, rice, and oil and fat products to customers in approximately 20 countries. The firm markets the commodities it distributes under two main brands, namely Maxwill and Taffy. The Maxwill brand is used for the sugar products and oil and fat products that the Company distributes outside of Singapore. Its subsidiaries include Maxwill Pte. Ltd., Maxwill (Asia) Pte. Ltd., LP Grace Pte. Ltd., Maxwill Foodlink Pte. Ltd., among others.

Key Statistics of Davis Commodities Ltd (DTCK)

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

Today's Range

$0.60$1.05

Today's Open

$0.95

Volume

22.30K

P/E Ratio (TTM)

52 Week Range

$0.60$137.80

Market Cap

1.37M

Avg. Volume

4616.68

Dividend Yield

Financial Metrics & Statements of Davis Commodities Ltd (DTCK)

FAQ's for Davis Commodities Ltd (DTCK)

According to Musaffa’s Shariah screening methodology, Davis Commodities Ltd (DTCK) is currently classified as DOUBTFUL as of July 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.