Is CBL International Ltd (BANL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.8% / 30% | 45.3% / 30% | 218.7% / 30% | 0.0% / 5% | ✗ NOT HALAL |
| DJIM | 8.8% / 33% | 45.3% / 33% | 218.7% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| MSCI | 2.2% / 33% | 11.6% / 33% | 55.9% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| S&P | 8.8% / 33% | 45.3% / 33% | 218.7% / 33% | 0.0% / 5% | ✗ NOT HALAL |
| FTSE | 2.2% / 33% | 11.6% / 33% | 55.9% / 50% | 0.0% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.9% | |
| Operating Margin | -0.3% | |
| Net Margin | -0.5% | |
| Return on Equity (ROE) | -14.2% | |
| Return on Assets (ROA) | -2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $2M |
| Debt-to-Equity | 0.5 |
| Current Ratio | 1.5 |
| Total Assets | $69M |
Price & Trading
| Last Close | $0.82 |
| 50-Day MA | $0.48 |
| 200-Day MA | $0.60 |
| Avg Volume | 1.1M |
| Beta | 0.6 |
|
52-Week Range
$0.28
| |
About CBL International Ltd (BANL)
CBL International Limited, a marine fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. It facilitates vessel refueling between ship operators and local physical distributors/traders by purchasing marine fuel, including both fossil fuel and alternative fuel. The company's services to its customers include vessel refueling options available at ports; arranges vessel refueling activities and local physical delivery of marine fuel; and coordinates vessel refueling schedule. It also offers trade credit; handles unforeseeable circumstances and provides contingency solutions; fulfills special requests related to vessel refueling; and handles disputes relates to quality and quantity issues on marine fuel. The company was founded in 2015 and is headquartered in Kuala Lumpur, Malaysia. CBL International Limited operates as a subsidiary of CBL (Asia) Limited.
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Frequently Asked Questions
Is CBL International Ltd (BANL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CBL International Ltd is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CBL International Ltd's debt ratio?
CBL International Ltd's debt ratio is 8.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 2.2%.
What are CBL International Ltd's key financial metrics?
CBL International Ltd has a market capitalization of $24M, and revenue of $593M. The company maintains a gross margin of 0.9% and a net margin of -0.5%. Return on equity stands at -14.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.