Is DDC Enterprise (DDC) stock Halal?

DDC Enterprise is a leading commercial real estate company specializing in the development, management, and investment of office spaces and mixed-use properties. The company's primary function is to provide high-quality spaces that cater to the needs of businesses seeking modern and efficient environments. With a portfolio that spans urban centers and burgeoning economic hubs, DDC Enterprise impacts numerous industries ranging from technology to finance, facilitating the infrastructure necessary for diverse business operations. Before any of that matters to a Muslim investor, one question comes first: is DDC Enterprise stock Halal?

Is DDC Enterprise Shariah compliant?

No. In the October 2026 screening DDC Enterprise (DDC) does not pass AAOIFI screening: it fails the non-permissible income, interest-bearing investments and interest-bearing debt screens. Consumer staples companies like DDC Enterprise face the screening question at the shelf, not the balance sheet: does any revenue come from alcohol, tobacco or other impermissible lines? AAOIFI Shariah Standard No. 21 tolerates such income only below 5% of revenue, with the financial ratios checked behind it.

Does DDC Enterprise pass the business activity test?

The activity screen is only part of the picture this month: DDC Enterprise currently fails the non-permissible income, interest-bearing investments and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The watch item is the product mix: any alcohol, tobacco or similar lines count against the 5% ceiling.

Is DDC Enterprise's income Halal?

No. DDC Enterprise's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.

Does DDC Enterprise meet AAOIFI's debt and investment ratio requirements?

No. Both ratios currently breach the 30% caps, measured against a market capitalisation of $11.1M (market data as of 1 October 2026): interest bearing investments and interest bearing debt each exceed the limit AAOIFI permits for a Halal investment. The ratios move with the share price as well as the balance sheet, and our Shariah Supervisory Board has DDC re-screened every month.

Why do other halal screeners show a different verdict for DDC Enterprise?

Screeners can disagree without either being wrong. AAOIFI Shariah Standard No. 21, which Tabadulat applies, measures interest bearing debt and investments against market capitalisation with a 30% ceiling. MSCI and FTSE measure them against total assets with a 33% ceiling, and S&P and Dow Jones Islamic use a multi year average of market capitalisation. Data dates differ too, because each provider reads filings and prices on its own schedule. The same company can therefore pass one standard and fail another in the same month. Tabadulat publishes one answer, the AAOIFI result as of October 2026, and re-screens it every month.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the screening method? Read What is Halal Investing? A Guide to Halal Stocks and Islamic Finance