Is CMB.TECH NV (CMBT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 69.1% / 30% | 1.0% / 30% | 5.1% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 69.1% / 33% | 1.0% / 33% | 5.1% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 67.2% / 33% | 1.0% / 33% | 4.9% / 33% | N/A | ✗ NOT HALAL |
| S&P | 69.1% / 33% | 1.0% / 33% | 5.1% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 67.2% / 33% | 1.0% / 33% | 4.9% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.2% | |
| Operating Margin | 27.6% | |
| Net Margin | 9.7% | |
| Return on Equity (ROE) | 7.3% | |
| Return on Assets (ROA) | 3.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $459M |
| Free Cash Flow | -$662M |
| Total Debt | $2.6B |
| Debt-to-Equity | 212.0 |
| Current Ratio | 0.9 |
| Total Assets | $3.9B |
Price & Trading
| Last Close | $12.69 |
| 50-Day MA | $12.87 |
| 200-Day MA | $10.35 |
| Avg Volume | 2.2M |
| Beta | -0.1 |
|
52-Week Range
$7.65
| |
About CMB.TECH NV (CMBT)
Cmb.Tech NV engages in marine transportation business in Belgium. It operates through three divisions: Marine, H2 Infra, and H2 Industry. The Marine division owns and operates fleet of crude oil tankers, bulk carriers, container ships, chemicals, offshore wind support vessels, tugboats, and ferries. The H2 Infra division develops and secures green molecule supplies; and produces and distributes green hydrogen and ammonia. The H2 Industry division provides scalable dual-fuel industrial applications. The company was formerly known as Euronav NV and changed its name to Cmb.Tech NV in October 2024. Cmb.Tech NV was incorporated in 2003 and is headquartered in Antwerp, Belgium. Cmb.Tech NV is a subsidiary of CMB NV.
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Frequently Asked Questions
Is CMB.TECH NV (CMBT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CMB.TECH NV 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 CMB.TECH NV's debt ratio?
CMB.TECH NV's debt ratio is 69.1% 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 67.2%.
What are CMB.TECH NV's key financial metrics?
CMB.TECH NV has a market capitalization of $3.7B, trailing P/E ratio of 18.0. The company maintains a gross margin of 52.2% and a net margin of 9.7%. Return on equity stands at 7.3%.
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.