Is Navios Maritime Partners L.P. (NMM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 68.2% / 30% | 14.6% / 30% | 3.9% / 30% | 1.03% / 5% | ✗ NOT HALAL |
| DJIM | 68.2% / 33% | 14.6% / 33% | 3.9% / 33% | 1.03% / 5% | ✗ NOT HALAL |
| MSCI | 23.3% / 33% | 5.0% / 33% | 1.3% / 33% | 1.03% / 5% | ✓ HALAL |
| S&P | 68.2% / 33% | 14.6% / 33% | 3.9% / 33% | 1.03% / 5% | ✗ NOT HALAL |
| FTSE | 23.3% / 33% | 5.0% / 33% | 1.3% / 50% | 1.03% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 90.5% | |
| Operating Margin | 34.1% | |
| Net Margin | 21.2% | |
| Return on Equity (ROE) | 8.9% | |
| Return on Assets (ROA) | 4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $505M |
| Free Cash Flow | -$36M |
| Total Debt | $1.6B |
| Debt-to-Equity | 71.1 |
| Current Ratio | 1.1 |
| Total Assets | $5.9B |
Price & Trading
| Last Close | $66.40 |
| 50-Day MA | $63.48 |
| 200-Day MA | $50.93 |
| Avg Volume | 158K |
| Beta | 1.2 |
|
52-Week Range
$28.37
| |
About Navios Maritime Partners L.P. (NMM)
Navios Maritime Partners L.P. owns and operates dry cargo and tanker vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, such as crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers. It charters its vessels under short, medium, and longer-term time charters. As of March 5, 2026, the company's fleet consisted of 66 dry bulk vessels, 51 containerships, and 53 tanker vessels. Navios Maritime Partners L.P. was founded in 2007 and is based in Piraeus, Greece.
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Frequently Asked Questions
Is Navios Maritime Partners L.P. (NMM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Navios Maritime Partners L.P. 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 Navios Maritime Partners L.P.'s debt ratio?
Navios Maritime Partners L.P.'s debt ratio is 68.2% 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 23.3%.
What are Navios Maritime Partners L.P.'s key financial metrics?
Navios Maritime Partners L.P. has a market capitalization of $1.9B, trailing P/E ratio of 6.8, and revenue of $1.3B. The company maintains a gross margin of 90.5% and a net margin of 21.2%. Return on equity stands at 8.9%.
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.