Is SAFE BULKERS, INC. (SB-PD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 289.4% / 30% | 67.6% / 30% | 8.1% / 30% | 1.1% / 5% | ✗ NOT HALAL |
| DJIM | 289.4% / 33% | 67.6% / 33% | 8.1% / 33% | 1.1% / 5% | ✗ NOT HALAL |
| MSCI | 38.2% / 33% | 8.9% / 33% | 1.1% / 33% | 1.1% / 5% | ✗ NOT HALAL |
| S&P | 289.4% / 33% | 67.6% / 33% | 8.1% / 33% | 1.1% / 5% | ✗ NOT HALAL |
| FTSE | 38.2% / 33% | 8.9% / 33% | 1.1% / 50% | 1.1% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 57.9% | |
| Operating Margin | 25.8% | |
| Net Margin | 14.0% | |
| Return on Equity (ROE) | 4.6% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $102M |
| Free Cash Flow | $60M |
| Total Debt | $540M |
| Debt-to-Equity | 65.0 |
| Current Ratio | 2.9 |
| Total Assets | $1.4B |
Price & Trading
| Last Close | $26.65 |
| 50-Day MA | $26.21 |
| 200-Day MA | $25.86 |
| Avg Volume | 3K |
| Beta | 1.1 |
|
52-Week Range
$24.17
| |
About SAFE BULKERS, INC. (SB-PD)
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services internationally. The company owns and operates a fleet of dry bulk vessels for transporting bulk cargoes comprising coal, grain, and iron ore. Its fleet consists of 45 vessels, including 8 Panamax class vessels, 12 Kamsarmax class vessels, 17 post-Panamax class vessels, and 8 Capesize class vessels with an aggregate carrying capacity of 4,559,000 deadweight tons. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
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Frequently Asked Questions
Is SAFE BULKERS, INC. (SB-PD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SAFE BULKERS, INC. 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 SAFE BULKERS, INC.'s debt ratio?
SAFE BULKERS, INC.'s debt ratio is 289.4% 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 38.2%.
What are SAFE BULKERS, INC.'s key financial metrics?
SAFE BULKERS, INC. has a market capitalization of $187M, trailing P/E ratio of 17.7, and revenue of $276M. The company maintains a gross margin of 57.9% and a net margin of 14.0%. Return on equity stands at 4.6%.
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.