Is Pangaea Logistics Solutions Ltd. (PANL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 72.9% / 30% | 15.9% / 30% | 9.1% / 30% | 0.56% / 5% | ✗ NOT HALAL |
| DJIM | 72.9% / 33% | 15.9% / 33% | 9.1% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| MSCI | 42.4% / 33% | 9.3% / 33% | 5.3% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| S&P | 72.9% / 33% | 15.9% / 33% | 9.1% / 33% | 0.56% / 5% | ✗ NOT HALAL |
| FTSE | 42.4% / 33% | 9.3% / 33% | 5.3% / 50% | 0.56% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.6% | |
| Operating Margin | 8.0% | |
| Net Margin | 3.1% | |
| Return on Equity (ROE) | 4.2% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $54M |
| Free Cash Flow | $47M |
| Total Debt | $152M |
| Debt-to-Equity | 78.4 |
| Current Ratio | 1.7 |
| Total Assets | $928M |
Price & Trading
| Last Close | $6.84 |
| 50-Day MA | $8.11 |
| 200-Day MA | $6.24 |
| Avg Volume | 685K |
| Beta | 0.8 |
|
52-Week Range
$3.93
| |
About Pangaea Logistics Solutions Ltd. (PANL)
Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers transportation services for various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone; and terminal and stevedoring services. The company also provides cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of 7 vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.
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Frequently Asked Questions
Is Pangaea Logistics Solutions Ltd. (PANL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Pangaea Logistics Solutions 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 Pangaea Logistics Solutions Ltd.'s debt ratio?
Pangaea Logistics Solutions Ltd.'s debt ratio is 72.9% 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 42.4%.
What are Pangaea Logistics Solutions Ltd.'s key financial metrics?
Pangaea Logistics Solutions Ltd. has a market capitalization of $442M, trailing P/E ratio of 22.6, and revenue of $632M. The company maintains a gross margin of 17.6% and a net margin of 3.1%. Return on equity stands at 4.2%.
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.