Is International Seaways, Inc. (INSW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.9% / 30% | 4.4% / 30% | 5.6% / 30% | 1.04% / 5% | ✓ HALAL |
| DJIM | 19.9% / 33% | 4.4% / 33% | 5.6% / 33% | 1.04% / 5% | ✓ HALAL |
| MSCI | 27.0% / 33% | 6.0% / 33% | 7.6% / 33% | 1.04% / 5% | ✓ HALAL |
| S&P | 19.9% / 33% | 4.4% / 33% | 5.6% / 33% | 1.04% / 5% | ✓ HALAL |
| FTSE | 27.0% / 33% | 6.0% / 33% | 7.6% / 50% | 1.04% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 61.7% | |
| Operating Margin | 48.1% | |
| Net Margin | 36.7% | |
| Return on Equity (ROE) | 16.0% | |
| Return on Assets (ROA) | 7.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $380M |
| Free Cash Flow | $38M |
| Total Debt | $576M |
| Debt-to-Equity | 28.5 |
| Current Ratio | 3.7 |
| Total Assets | $2.7B |
Price & Trading
| Last Close | $70.01 |
| 50-Day MA | $65.73 |
| 200-Day MA | $50.96 |
| Avg Volume | 596K |
| Beta | -0.3 |
|
52-Week Range
$27.20
| |
About International Seaways, Inc. (INSW)
International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. The company operates in two segments: Crude Tankers and Product Carriers. It operates fleet of 70 vessels of VLCCs, Suezmaxes, and Aframaxes, as well as MRs, LR1, and LR2 product carrier. The company provides ship-to-ship (STS) lightering support services, such as hoses and fenders; and full-service STS lightering that includes lightering vessels. It also offers MR product carriers, including IMO III compliant for carrying edible oils, such as palm and vegetable oil, increasing flexibility when switching between cargo grades. The company serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.
Purification Calculator
As a halal stock with 1.04% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is International Seaways, Inc. (INSW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), International Seaways, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is International Seaways, Inc.'s debt ratio?
International Seaways, Inc.'s debt ratio is 19.9% 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 27.0%.
Does International Seaways, Inc. require dividend purification?
Yes, International Seaways, Inc. has an impermissible income ratio of 1.04%, which means 1.04% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are International Seaways, Inc.'s key financial metrics?
International Seaways, Inc. has a market capitalization of $3.5B, trailing P/E ratio of 11.4, and revenue of $843M. The company maintains a gross margin of 61.7% and a net margin of 36.7%. Return on equity stands at 16.0%.
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.