Is Descartes Systems Group Inc halal to invest in?

As of July 2026, Descartes Systems Group Inc DSG.TO is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Descartes Systems Group Inc 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 Descartes Systems Group Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Descartes Systems Group Inc?

Muslim investors may consider investing in Descartes Systems Group Inc 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 Descartes Systems Group Inc classified as HALAL?

Musaffa determines the Shariah status of Descartes Systems Group Inc 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 Descartes Systems Group Inc updated?

The Shariah compliance status of Descartes Systems Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Descartes Systems Group Inc 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 Descartes Systems Group Inc?

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

Descartes Systems Group Inc DSG.TO

Last Updated: Jul 21, 12:00 AM·TSX

DSG.TO Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Descartes Systems Group Inc is classified as halal.

HALAL

Report Source: 2027 1st Quarter Report

Descartes Systems Group Inc. Stock Analysis DSG.TO

Canada Information Technology Mid Cap Report: Q1, 2027

The Descartes Systems Group, Inc. engages in the provision of on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. The company is headquartered in Waterloo, Ontario and currently employs 2,403 full-time employees. Its network-based solutions are focused on improving the productivity, security and sustainability of logistics-intensive businesses. The company supports international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (GLN). Shippers, carriers, and logistics service providers connect and collaborate on the GLN leveraging technology, data and artificial intelligence to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes. Its solutions include business-to-business connectivity and messaging, broker and forwarder enterprise systems, customs and regulatory compliance, ecommerce shipping and fulfillment, global trade intelligence, routing, mobile & telematics, transportation management, and global logistics network.

Key Statistics of Descartes Systems Group Inc (DSG.TO)

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

Today's Range

CAD100.06CAD103.63

Today's Open

CAD103.43

Volume

415.82K

P/E Ratio (TTM)

38.75

52 Week Range

CAD85.26CAD150.74

Market Cap

8.77B

Avg. Volume

289.97K

Dividend Yield

Financial Metrics & Statements of Descartes Systems Group Inc (DSG.TO)

Super Investors Invested in Descartes Systems Group Inc (DSG.TO)

FAQ's for Descartes Systems Group Inc (DSG.TO)

As of July 2026, Descartes Systems Group Inc DSG.TO is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Descartes Systems Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Descartes Systems Group Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Descartes Systems Group Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Descartes Systems Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Descartes Systems Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.