Dole plc

DOLE: Is Dole plc Halal?

Dole plc

NYSEConsumer DefensiveIE

$14.06

-0.99%

Market Cap: 1.3B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Dole plc (DOLE) halal? Not Halal. Based on AAOIFI screening, Dole plc passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

62.1% of 30.0% limit

What this means for you

Most scholars advise not holding DOLE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Dole plc

Dole plc is an international agricultural company specializing in the global supply chain for fresh fruits and vegetables, handling everything from sourcing and processing to marketing and distribution. The company's operations are segmented into four main areas: Fresh Fruit, Fresh Vegetables, and two Diversified Fresh Produce divisions, one serving EMEA (Europe, Middle East, and Africa) and the other covering the Americas and the Rest of the World. Its extensive product portfolio features a wide variety of fresh produce, including popular items like bananas, pineapples, grapes, berries, avocados, and various deciduous and organic fruits. Beyond whole fruits, Dole also offers value-added products such as pre-packaged salads and convenient meal kits, alongside an assortment of fresh-packed vegetables like iceberg, romaine, and leaf lettuces, and celery. Additionally, the company markets health foods and other consumer goods. Dole supplies its diverse range of products to retailers, wholesale distributors, and the foodservice sector worldwide. The company's headquarters are situated in Dublin, Ireland.

Sector: Consumer Defensive · Industry: Agricultural Farm Products

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Consumer Defensive

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Dole plc (DOLE) halal to invest in?
Dole plc (DOLE) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Dole plc get a F compliance rating?
Dole plc (DOLE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 62.1% (limit 30%); interest-bearing deposits of 20.5% (limit 30%); prohibited income of 0.14% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Dole plc's Shariah verdict?
Dole plc's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Dole plc re-screened for Shariah compliance?
Dole plc (DOLE) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.