What is Hafnia Limited's Shariah compliance score?

Hafnia Limited's (HAFN) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Hafnia Limited pass AAOIFI screening?

Hafnia Limited (HAFN) 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% (HAFN: 31.6%), (3) interest-bearing deposits below 30% (HAFN: 5.4%), and (4) prohibited income below 5% (HAFN: 0.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Hafnia Limited stock?

Hafnia Limited (HAFN) has a non-permissible income ratio of 0.59%. Muslim investors should purify this percentage of any dividends received and capital gains realized from HAFN 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 Hafnia Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Hafnia Limited (HAFN) 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 HAFN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

HAFN: Is Hafnia Limited Halal?

Not Halal

Hafnia Limited

NYSEIndustrialsSG

$7.79

+0.19%

AvoidBorderlineClean

About Hafnia Limited

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.

Sector: Industrials · Industry: Marine Shipping

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 Cap31.6% / 30.0%

Compliance History

Not Halalnow
since Jun 2026
Doubtful
until the change above

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

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

3.9B

Price

$7.79

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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ADURA+

Aduro Clean Technologies Inc.

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Frequently Asked Questions

Is Hafnia Limited (HAFN) halal to invest in?

Hafnia Limited (HAFN) 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 Hafnia Limited get a F compliance rating?

Hafnia Limited (HAFN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 31.6% (limit 30%); interest-bearing deposits of 5.4% (limit 30%); prohibited income of 0.59% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Hafnia Limited's Shariah verdict?

Hafnia 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 Hafnia Limited re-screened for Shariah compliance?

Hafnia Limited (HAFN) 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.