Is Cmb.Tech N.V. (CMBT) halal? Not Halal. Based on AAOIFI screening, Cmb.Tech N.V. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Cmb.Tech N.V.

CMBT: Is Cmb.Tech N.V. Halal?

Not Halal

Cmb.Tech N.V.

NYSEIndustrialsBE

$14.94

+0.47%

About Cmb.Tech N.V.

Cmb.Tech N.V., a subsidiary of CMB NV, specializes in marine transportation. Established in 2003 and headquartered in Antwerp, Belgium, the company, formerly known as Euronav NV, adopted its current name in October 2024. Its operations are structured into three primary divisions. The Marine division oversees the ownership and operation of a diverse fleet, including crude oil tankers, bulk carriers, container ships, chemical carriers, offshore wind supply vessels, tugboats, and ferries; this fleet consists of 88 conventionally-fueled vessels and an additional 64 vessels. The H2 Infra division is dedicated to developing and sourcing green molecule supplies, alongside the production and distribution of green hydrogen and ammonia fuels. Completing its portfolio, the H2 Industry division provides adaptable dual-fuel solutions for various industrial applications.

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 Cap162.4% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

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

Financial Overview

Market Cap

3.4B

Price

$14.94

Sector

Industrials

Industry

Marine Shipping

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Saia, Inc.
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Saia, Inc.

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Aduro Clean Technologies Inc.
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Aduro Clean Technologies Inc.

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-1.56%

Phoenix Asia Holdings Limited Ordinary Shares
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Phoenix Asia Holdings Limited Ordinary Shares

$15.76

-9.62%

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Frequently Asked Questions

Is Cmb.Tech N.V. (CMBT) halal to invest in?
Cmb.Tech N.V. (CMBT) 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 Cmb.Tech N.V. get a F compliance rating?
Cmb.Tech N.V. (CMBT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 162.4% (limit 30%); interest-bearing deposits of 4.3% (limit 30%); prohibited income of 0.39% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Cmb.Tech N.V.'s Shariah verdict?
Cmb.Tech N.V.'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 Cmb.Tech N.V. re-screened for Shariah compliance?
Cmb.Tech N.V. (CMBT) 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.