Is Star Bulk Carriers Corp. (SBLK) Halal?

NASDAQ Industrials Greece $2.5B
✗ NOT HALAL
Confidence: 90/100
Star Bulk Carriers Corp. (SBLK) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 53.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Star Bulk Carriers Corp. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 53.8%
/ 30%
15.7%
/ 30%
3.6%
/ 30%
1.73%
/ 5%
✗ NOT HALAL
DJIM 53.8%
/ 33%
15.7%
/ 33%
3.6%
/ 33%
1.73%
/ 5%
✗ NOT HALAL
MSCI 35.6%
/ 33%
10.4%
/ 33%
2.4%
/ 33%
1.73%
/ 5%
✗ NOT HALAL
S&P 53.8%
/ 33%
15.7%
/ 33%
3.6%
/ 33%
1.73%
/ 5%
✗ NOT HALAL
FTSE 35.6%
/ 33%
10.4%
/ 33%
2.4%
/ 50%
1.73%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
30.5
Forward: 5.9
EPS
$0.73
Dividend Yield
261.0%
Payout: 41.1%
P/B Ratio
1.0
EV/EBITDA
10.2
EV: $3.2B
Revenue
$1.3B
Growth: -2.7%
Beta
0.7
Low volatility
Current Ratio
1.8

Profitability

Gross Margin 36.9%
Operating Margin 26.7%
Net Margin 8.1%
Return on Equity (ROE) 3.4%
Return on Assets (ROA) 2.3%

Cash Flow & Balance Sheet

Operating Cash Flow$471M
Free Cash Flow$416M
Total Debt$1.5B
Debt-to-Equity50.2
Current Ratio1.8
Total Assets$4.1B

Price & Trading

Last Close$22.50
50-Day MA$23.27
200-Day MA$19.82
Avg Volume1.6M
Beta0.7
52-Week Range
$12.06
$27.20

About Star Bulk Carriers Corp. (SBLK)

CEO
Mr. Petros Alexandros Pappas
Employees
294
Sector
Industrials
Industry
Marine Shipping
Country
Greece
Exchange
NASDAQ
Market Cap
$2.5B
Currency
USD

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes through the ownership and operation of dry bulk carrier vessels worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2025, the company owned a fleet of 136 dry bulk vessels consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 55,569 deadweight tonnage and 209,537 deadweight tonnage. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.

Related Halal Stocks in Industrials

Frequently Asked Questions

Is Star Bulk Carriers Corp. (SBLK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Star Bulk Carriers Corp. 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 Star Bulk Carriers Corp.'s debt ratio?

Star Bulk Carriers Corp.'s debt ratio is 53.8% 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 35.6%.

What are Star Bulk Carriers Corp.'s key financial metrics?

Star Bulk Carriers Corp. has a market capitalization of $2.5B, trailing P/E ratio of 30.5, and revenue of $1.3B. The company maintains a gross margin of 36.9% and a net margin of 8.1%. Return on equity stands at 3.4%.

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.