Is C3is Inc. (CISS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.9% / 30% | 377.2% / 30% | 84.4% / 30% | 2.25% / 5% | ✗ NOT HALAL |
| DJIM | 0.9% / 33% | 377.2% / 33% | 84.4% / 33% | 2.25% / 5% | ✗ NOT HALAL |
| MSCI | 0.0% / 33% | 12.5% / 33% | 2.8% / 33% | 2.25% / 5% | ✓ HALAL |
| S&P | 0.9% / 33% | 377.2% / 33% | 84.4% / 33% | 2.25% / 5% | ✗ NOT HALAL |
| FTSE | 0.0% / 33% | 12.5% / 33% | 2.8% / 50% | 2.25% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 58.3% | |
| Operating Margin | 24.6% | |
| Net Margin | 16.1% | |
| Return on Equity (ROE) | 7.2% | |
| Return on Assets (ROA) | -0.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $25M |
| Free Cash Flow | $23M |
| Total Debt | $28,768 |
| Debt-to-Equity | 0.0 |
| Current Ratio | 1.5 |
| Total Assets | $100M |
Price & Trading
| Last Close | $0.82 |
| 50-Day MA | $1.55 |
| 200-Day MA | $34.61 |
| Avg Volume | 3.9M |
| Beta | 1.9 |
|
52-Week Range
$0.75
| |
About C3is Inc. (CISS)
C3is Inc. offers international seaborne transportation services. The company provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. It owns and operates three drybulk carriers, which transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers; and one Aframax crude oil tanker that transports crude oil. The company was founded in 2021 and is based in Athens, Greece.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is C3is Inc. (CISS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), C3is Inc. 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 C3is Inc.'s debt ratio?
C3is Inc.'s debt ratio is 0.9% 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 0.0%.
What are C3is Inc.'s key financial metrics?
C3is Inc. has a market capitalization of $2M, trailing P/E ratio of 0.0, and revenue of $42M. The company maintains a gross margin of 58.3% and a net margin of 16.1%. Return on equity stands at 7.2%.
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.