Is Himalaya Shipping Ltd. (HSHP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 114.9% / 30% | 3.1% / 30% | 0.2% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 114.9% / 33% | 3.1% / 33% | 0.2% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 81.1% / 33% | 2.2% / 33% | 0.1% / 33% | N/A | ✗ NOT HALAL |
| S&P | 114.9% / 33% | 3.1% / 33% | 0.2% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 81.1% / 33% | 2.2% / 33% | 0.1% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 77.6% | |
| Operating Margin | 61.8% | |
| Net Margin | 13.4% | |
| Return on Equity (ROE) | 11.2% | |
| Return on Assets (ROA) | 4.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $52M |
| Free Cash Flow | $52M |
| Total Debt | $689M |
| Debt-to-Equity | 426.2 |
| Current Ratio | 1.1 |
| Total Assets | $864M |
Price & Trading
| Last Close | $12.78 |
| 50-Day MA | $12.12 |
| 200-Day MA | $8.95 |
| Avg Volume | 365K |
| Beta | 1.0 |
|
52-Week Range
$4.29
| |
About Himalaya Shipping Ltd. (HSHP)
Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company serves major commodity trading, commodity and energy transition, and multi-modal transport companies. As of December 31, 2024, it owned and operated through a fleet of 12 Newcastlemax dry bulk vessels, each with capacity in the range of 210,000 dead weight tons. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.
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Frequently Asked Questions
Is Himalaya Shipping Ltd. (HSHP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Himalaya Shipping 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 Himalaya Shipping Ltd.'s debt ratio?
Himalaya Shipping Ltd.'s debt ratio is 114.9% 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 81.1%.
What are Himalaya Shipping Ltd.'s key financial metrics?
Himalaya Shipping Ltd. has a market capitalization of $599M, trailing P/E ratio of 32.9, and revenue of $132M. The company maintains a gross margin of 77.6% and a net margin of 13.4%. Return on equity stands at 11.2%.
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.