Is Hafnia Ltd (HAFN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 30.0% / 30% | 5.2% / 30% | 13.0% / 30% | 0.57% / 5% | ✗ NOT HALAL |
| DJIM | 30.0% / 33% | 5.2% / 33% | 13.0% / 33% | 0.57% / 5% | ✓ HALAL |
| MSCI | 30.3% / 33% | 5.3% / 33% | 13.2% / 33% | 0.57% / 5% | ✓ HALAL |
| S&P | 30.0% / 33% | 5.2% / 33% | 13.0% / 33% | 0.57% / 5% | ✓ HALAL |
| FTSE | 30.3% / 33% | 5.3% / 33% | 13.2% / 50% | 0.57% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 28.1% | |
| Operating Margin | 29.8% | |
| Net Margin | 14.9% | |
| Return on Equity (ROE) | 14.8% | |
| Return on Assets (ROA) | 5.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.0B |
| Free Cash Flow | $981M |
| Total Debt | $1.1B |
| Debt-to-Equity | 48.2 |
| Current Ratio | 1.5 |
| Total Assets | $3.7B |
Price & Trading
| Last Close | $7.55 |
| 50-Day MA | $6.78 |
| 200-Day MA | $6.03 |
| Avg Volume | 1.6M |
| Beta | -0.2 |
|
52-Week Range
$3.61
| |
About Hafnia Ltd (HAFN)
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 207 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides chartering services. Hafnia Limited is based in Singapore.
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Frequently Asked Questions
Is Hafnia Ltd (HAFN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Hafnia 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 Hafnia Ltd's debt ratio?
Hafnia Ltd's debt ratio is 30.0% 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 30.3%.
What are Hafnia Ltd's key financial metrics?
Hafnia Ltd has a market capitalization of $3.7B, trailing P/E ratio of 11.2, and revenue of $2.9B. The company maintains a gross margin of 28.1% and a net margin of 14.9%. Return on equity stands at 14.8%.
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.