Dole PLC

DOLE

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Consumer Non-Cyclicals
Ireland
Small Cap

Dole PLC is Shariah Compliant. It passes 2/5 Shariah standards we screen against.

0.16%

Impure Income*

$0.040

Purification*

$0.207

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Small Cap
BUY
$17.69
4
9.17%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
2.45%
1.39%
0.83
1.17
16.88%

Shariah Compliance

Debt
62.88%
Non-Compliant Assets
1.47%
Impure Income
0.16%

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
67.38%
Impure Income
0.16%

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
63.75%
Impure Income
0.16%

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
19.72%
Cash
6.09%
Cash & AR
18.84%
Impure Income
0.16%

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
19.72%
Cash
6.09%
Cash & AR
18.84%
Impure Income
0.16%

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.16%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Dole plc is an Ireland-based company, which produces, markets, and distributes a variety of fresh produce sourced locally and from around the world. Its segments include Fresh Fruit, Diversified Fresh Produce – EMEA and Diversified Fresh Produce – Americas & ROW. The Fresh Fruit segment is a vertically integrated producer and distributor of multiple varieties of bananas, pineapples and plantains which are sourced from local growers or Company-owned and leased farms, predominately located in Latin America, and sold throughout North America, Europe, Latin America and Asia. This segment also operates a commercial cargo business. The Diversified Fresh Produce – EMEA segment includes Irish, Dutch, Spanish, Portuguese, French, Italian, United Kingdom, Swedish, Danish, South African, Czech, Slovakian, Polish, German and Brazilian businesses. The Diversified Fresh Produce – Americas & ROW segment includes United States, Canadian, Mexican, Chilean, Peruvian, and Argentinian businesses.