Is Destination XL Group, Inc. DXLG stock halal to invest in?

No, as of August 2026, Destination XL Group, Inc. stock (DXLG) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Destination XL Group, Inc. currently does not meet the threshold for the interest-bearing investments screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Destination XL Group, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Destination XL Group, Inc. DXLG reviewed for Shariah compliance?

Tabadulat reviews Destination XL Group, Inc. DXLG for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Destination XL Group, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Destination XL Group, Inc. DXLG pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Destination XL Group, Inc. stock (DXLG) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Destination XL Group, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Destination XL Group, Inc. DXLG pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Destination XL Group, Inc. stock (DXLG) does not pass the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. Destination XL Group, Inc.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does Destination XL Group, Inc. DXLG pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Destination XL Group, Inc. stock (DXLG) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Destination XL Group, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Destination XL Group, Inc. DXLG stock?

Destination XL Group, Inc. (DXLG) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Destination XL Group, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Destination XL Group, Inc. DXLG pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Destination XL Group, Inc. stock (DXLG) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Destination XL Group, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Destination XL Group, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

DXLG

About

Destination XL Group, Inc.

DXLG

Destination XL Group Inc. is a retail company specializing in big and tall men's apparel. Through its stores and e-commerce platforms, the company offers a comprehensive variety of clothing, footwear, and accessories tailored specifically for larger and taller men. Destination XL operates under various brand names, including DXL Men’s Apparel and Casual Male XL, with a focus on delivering fashionable and high-quality apparel to its niche market segment. The company's primary goal is to provide customers with a superior shopping experience through its extensive size range, product quality, and personalized service. Predominantly found in the United States, Destination XL's market significance lies in its specialization, carving out a distinct space within the men's apparel industry by catering to an underserved demographic. This focus on a specific consumer base distinguishes the company from other mainstream clothing retailers and allows it to serve as a key player in its sector.

Sector:

Consumer Cyclical

Industry:

Apparel Retail

Employees:

1447

Website:

https://www.dxl.com

DXLG

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Destination XL Group, Inc.

About

Destination XL Group, Inc.

DXLG

Frequently asked questions

Is Destination XL Group, Inc. DXLG stock halal to invest in?

How often is Destination XL Group, Inc. DXLG reviewed for Shariah compliance?

Does Destination XL Group, Inc. DXLG pass the AAOIFI Non Permissible Income criteria?

Does Destination XL Group, Inc. DXLG pass the AAOIFI Interest Bearing Investments criteria?

Does Destination XL Group, Inc. DXLG pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Destination XL Group, Inc. DXLG stock?

Does Destination XL Group, Inc. DXLG pass the AAOIFI Preference Share screen?

Can I buy Destination XL (DXLG) stock on Tabadulat?

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