DSSNot HalalF
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Compliance Status

Not Halal

Screened on Oct 7, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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HalalScreener rates DSS, Inc. (DSS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 7, 2026. Source: https://halalscreener.app/en/stock/DSS

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%.

571.7% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding DSS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

DSS, Inc.

DSS: Is DSS, Inc. Halal?

DSS, Inc.

AMEXConsumer CyclicalUS

$0.61

Market Cap: 6.2M

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About DSS, Inc.

DSS, Inc. is a globally diversified enterprise with operations across numerous industries. In product packaging, the company specializes in manufacturing and distributing custom folding cartons, mailers, photo sleeves, and advanced three-dimensional direct mail products. It also engages in the marketing and distribution of nutritional and personal care items. Within the biotechnology and biohealth sphere, DSS makes strategic investments in and acquires companies dedicated to pioneering drug discovery, prevention, and treatment methodologies for neurological, oncological, and immune-system diseases. Furthermore, it develops innovative open-air defense systems designed to combat airborne infectious agents like tuberculosis and influenza. The firm's financial services and commercial lending activities involve acquiring equity positions in undervalued commercial banks, bank holding companies, and licensed non-banking financial institutions. Its related non-banking ventures include loan syndication, mortgage banking, trust and escrow services, banking technology solutions, loan servicing, equipment leasing, problem asset management, consulting for special purpose acquisition companies (SPACs), and advisory capital raising services. For securities and investment management, DSS offers a range of services, including managing a real estate investment trust (REIT) focused on acquiring hospitals and various acute and post-acute care facilities, with an emphasis on fostering healthy living communities. The company also develops and invests in assets within the securities trading and fund management sectors, and operates as a broker-dealer for digital assets. In the alternative energy sector, DSS provides solutions such as solar farms, solar battery storage systems, and services for residential energy generation and storage. Established in 1984, the company was formerly known as Document Security Systems, Inc. before officially changing its name to DSS, Inc. in September 2021. Its headquarters are located in West Henrietta, New York.

Sector: Consumer Cyclical · Industry: Packaging & Containers

Why this does not pass

  • Interest-bearing debt is 571.7% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 7, 2026

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is DSS, Inc. (DSS) halal to invest in?
DSS, Inc. (DSS) 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 DSS, Inc. get a F compliance rating?
DSS, Inc. (DSS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 571.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change DSS, Inc.'s Shariah verdict?
DSS, Inc.'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 DSS, Inc. re-screened for Shariah compliance?
DSS, Inc. (DSS) 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: Oct 7, 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.