Is GLOBUS MARITIME LTD (GLBS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 343.7% / 30% | 116.7% / 30% | 2.8% / 30% | 7.93% / 5% | ✗ NOT HALAL |
| DJIM | 343.7% / 33% | 116.7% / 33% | 2.8% / 33% | 7.93% / 5% | ✗ NOT HALAL |
| MSCI | 43.0% / 33% | 14.6% / 33% | 0.3% / 33% | 7.93% / 5% | ✗ NOT HALAL |
| S&P | 343.7% / 33% | 116.7% / 33% | 2.8% / 33% | 7.93% / 5% | ✗ NOT HALAL |
| FTSE | 43.0% / 33% | 14.6% / 33% | 0.3% / 50% | 7.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.5% | |
| Operating Margin | 19.3% | |
| Net Margin | -4.0% | |
| Return on Equity (ROE) | -1.0% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $11M |
| Free Cash Flow | $4M |
| Total Debt | $109M |
| Debt-to-Equity | 62.1 |
| Current Ratio | 2.7 |
| Total Assets | $289M |
Price & Trading
| Last Close | $1.95 |
| 50-Day MA | $1.78 |
| 200-Day MA | $1.37 |
| Avg Volume | 66K |
| Beta | 0.5 |
|
52-Week Range
$0.99
| |
About GLOBUS MARITIME LTD (GLBS)
Globus Maritime Limited operates as a dry bulk shipping company that provides marine transportation services internationally. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of December 31, 2025, the company operated nine dry bulk vessels with a total carrying capacity of 680,622 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece.
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Frequently Asked Questions
Is GLOBUS MARITIME LTD (GLBS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GLOBUS MARITIME 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 GLOBUS MARITIME LTD's debt ratio?
GLOBUS MARITIME LTD's debt ratio is 343.7% 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 43.0%.
What are GLOBUS MARITIME LTD's key financial metrics?
GLOBUS MARITIME LTD has a market capitalization of $42M, and revenue of $44M. The company maintains a gross margin of 43.5% and a net margin of -4.0%. Return on equity stands at -1.0%.
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.