Is BW LPG Limited (BWLP) halal? Not Halal. Based on AAOIFI screening, BW LPG Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

BW LPG Limited

BWLP: Is BW LPG Limited Halal?

Not Halal

BW LPG Limited

NYSEIndustrialsSG

$21.54

-0.87%

About BW LPG Limited

BW LPG Limited is an investment holding company that specializes in global ship ownership and chartering operations. The company's business is structured into two main divisions: Shipping and Product Services. Its core activity involves the worldwide transportation of liquefied petroleum gas (LPG), primarily serving major oil companies, energy trading firms, and utility providers. Beyond shipping, BW LPG offers a comprehensive range of services, including integrated LPG delivery solutions, wholesale trading of LPG, and various management services. The company maintains and operates a substantial fleet, which includes both dedicated LPG vessels and numerous Very Large Gas Carriers (VLGCs). Established in 1935, and headquartered in Singapore, the company was formerly known as BW Gas LPG Holding Limited before rebranding to BW LPG Limited in September 2013.

Sector: Industrials 路 Industry: Marine Shipping

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap30.3% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

3.3B

Price

$21.54

Sector

Industrials

Industry

Marine Shipping

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Frequently Asked Questions

Is BW LPG Limited (BWLP) halal to invest in?
BW LPG Limited (BWLP) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did BW LPG Limited get a F compliance rating?
BW LPG Limited (BWLP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 30.3% (limit 30%); interest-bearing deposits of 7.4% (limit 30%); prohibited income of 0.26% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BW LPG Limited's Shariah verdict?
BW LPG Limited's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is BW LPG Limited re-screened for Shariah compliance?
BW LPG Limited (BWLP) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.