Is Frontline plc (FRO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 48.7% / 30% | 5.4% / 30% | 2.0% / 30% | 0.82% / 5% | ✗ NOT HALAL |
| DJIM | 48.7% / 33% | 5.4% / 33% | 2.0% / 33% | 0.82% / 5% | ✗ NOT HALAL |
| MSCI | 60.2% / 33% | 6.7% / 33% | 2.4% / 33% | 0.82% / 5% | ✗ NOT HALAL |
| S&P | 48.7% / 33% | 5.4% / 33% | 2.0% / 33% | 0.82% / 5% | ✗ NOT HALAL |
| FTSE | 60.2% / 33% | 6.7% / 33% | 2.4% / 50% | 0.82% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 49.5% | |
| Operating Margin | 44.5% | |
| Net Margin | 19.3% | |
| Return on Equity (ROE) | 15.6% | |
| Return on Assets (ROA) | 6.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $736M |
| Free Cash Flow | -$179M |
| Total Debt | $3.7B |
| Debt-to-Equity | 122.2 |
| Current Ratio | 1.4 |
| Total Assets | $6.2B |
Price & Trading
| Last Close | $33.57 |
| 50-Day MA | $31.63 |
| 200-Day MA | $24.12 |
| Avg Volume | 3.9M |
| Beta | -0.0 |
|
52-Week Range
$12.40
| |
About Frontline plc (FRO)
Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. As of December 31, 2025, it operated a fleet of 80 vessels, including 41 VLCCs, 21 Suezmax tankers, and 18 LR2/Aframax tankers. The company is also involved in the charter, purchase, and sale of vessels. Frontline plc was founded in 1985 and is based in Limassol, Cyprus.
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Frequently Asked Questions
Is Frontline plc (FRO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Frontline plc 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 Frontline plc's debt ratio?
Frontline plc's debt ratio is 48.7% 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 60.2%.
What are Frontline plc's key financial metrics?
Frontline plc has a market capitalization of $7.5B, trailing P/E ratio of 19.8, and revenue of $2.1B. The company maintains a gross margin of 49.5% and a net margin of 19.3%. Return on equity stands at 15.6%.
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.