Destination XL Group, Inc.

DXLG: Is Destination XL Group, Inc. Halal?

Destination XL Group, Inc.

NASDAQConsumer CyclicalUS

$0.62

-2.53%

Market Cap: 34.3M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Destination XL Group, Inc. (DXLG) halal? Not Halal. Based on AAOIFI screening, Destination XL Group, Inc. 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%.

610.5% of 30.0% limit

What this means for you

Most scholars advise not holding DXLG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Destination XL Group, Inc.

Destination XL Group, Inc., including its various subsidiaries, specializes in retailing apparel and footwear designed for big and tall men across both the United States and Canada. Their diverse product assortment encompasses sportswear, formal attire, and everyday casual wear. This includes essential items like jeans, casual trousers, t-shirts, polo shirts, dress shirts, and suit components. Furthermore, the company supplies tailored pieces such as blazers, formal trousers, dress shirts, and neckties, alongside vintage-themed graphic t-shirts and woven garments, often marketed under their proprietary brands. These products are sold under several recognized trade names, including Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets. As of January 29, 2022, the company maintained a significant retail presence, operating 220 DXL retail locations, 16 DXL outlet stores, 35 Casual Male XL retail stores, and 19 Casual Male XL outlet stores. Beyond brick-and-mortar, it also reaches customers through its dxl.com e-commerce platform, m.destinationXL.com mobile site, and a dedicated mobile application. The corporation, initially incorporated in 1976 and headquartered in Canton, Massachusetts, adopted its current name, Destination XL Group, Inc., in February 2013, having previously operated as Casual Male Retail Group, Inc.

Sector: Consumer Cyclical · Industry: Apparel - Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

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: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Destination XL Group, Inc. (DXLG) halal to invest in?
Destination XL Group, Inc. (DXLG) 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 Destination XL Group, Inc. get a F compliance rating?
Destination XL Group, Inc. (DXLG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 610.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Destination XL Group, Inc.'s Shariah verdict?
Destination XL Group, 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 Destination XL Group, Inc. re-screened for Shariah compliance?
Destination XL Group, Inc. (DXLG) 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: Aug 26, 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.