What is FLEX LNG Ltd.'s Shariah compliance score?

FLEX LNG Ltd.'s (FLNG) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does FLEX LNG Ltd. pass AAOIFI screening?

FLEX LNG Ltd. (FLNG) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (FLNG: 115.8%), (3) interest-bearing deposits below 30% (FLNG: 28.1%), and (4) prohibited income below 5% (FLNG: 1.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for FLEX LNG Ltd. stock?

FLEX LNG Ltd. (FLNG) has a non-permissible income ratio of 1.18%. Muslim investors should purify this percentage of any dividends received and capital gains realized from FLNG shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen FLEX LNG Ltd. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for FLEX LNG Ltd. (FLNG) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about FLNG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

FLNG: Is FLEX LNG Ltd. Halal?

Not Halal

FLEX LNG Ltd.

NYSEEnergyUS

$30.33

+0.43%

AvoidBorderlineClean

About FLEX LNG Ltd.

Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.

Sector: Energy · Industry: Oil & Gas Midstream

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

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 Cap115.8% / 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 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

1.6B

Price

$30.33

Sector

Energy

Industry

Oil & Gas Midstream

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Frequently Asked Questions

Is FLEX LNG Ltd. (FLNG) halal to invest in?

FLEX LNG Ltd. (FLNG) 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 FLEX LNG Ltd. get a F compliance rating?

FLEX LNG Ltd. (FLNG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 115.8% (limit 30%); interest-bearing deposits of 28.1% (limit 30%); prohibited income of 1.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change FLEX LNG Ltd.'s Shariah verdict?

FLEX LNG Ltd.'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 FLEX LNG Ltd. re-screened for Shariah compliance?

FLEX LNG Ltd. (FLNG) 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 18, 2026.

Screened according to AAOIFI Standard No. 21 · 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.