Is Costamare Inc. (CMRE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 116.9% / 30% | 38.1% / 30% | 3.7% / 30% | 1.59% / 5% | ✗ NOT HALAL |
| DJIM | 116.9% / 33% | 38.1% / 33% | 3.7% / 33% | 1.59% / 5% | ✗ NOT HALAL |
| MSCI | 45.7% / 33% | 14.9% / 33% | 1.5% / 33% | 1.59% / 5% | ✗ NOT HALAL |
| S&P | 116.9% / 33% | 38.1% / 33% | 3.7% / 33% | 1.59% / 5% | ✗ NOT HALAL |
| FTSE | 45.7% / 33% | 14.9% / 33% | 1.5% / 50% | 1.59% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 72.0% | |
| Operating Margin | 47.5% | |
| Net Margin | 41.5% | |
| Return on Equity (ROE) | 16.8% | |
| Return on Assets (ROA) | 6.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $544M |
| Free Cash Flow | $242M |
| Total Debt | $1.5B |
| Debt-to-Equity | 70.2 |
| Current Ratio | 1.7 |
| Total Assets | $3.9B |
Price & Trading
| Last Close | $16.86 |
| 50-Day MA | $16.69 |
| 200-Day MA | $13.42 |
| Avg Volume | 486K |
| Beta | 1.1 |
|
52-Week Range
$6.63
| |
About Costamare Inc. (CMRE)
Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwide transportation for dry bulk cargoes. As of February 24, 2026, it had a fleet of fleet of 79 containerships and 38 dry bulk vessels. The company was founded in 1974 and is based in Monaco.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is Costamare Inc. (CMRE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Costamare 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 Costamare Inc.'s debt ratio?
Costamare Inc.'s debt ratio is 116.9% 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 45.7%.
What are Costamare Inc.'s key financial metrics?
Costamare Inc. has a market capitalization of $2.0B, trailing P/E ratio of 5.4, and revenue of $878M. The company maintains a gross margin of 72.0% and a net margin of 41.5%. Return on equity stands at 16.8%.
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.