Is Tidewater Inc. (TDW) halal? Halal. Based on AAOIFI screening, Tidewater Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 68/100 (Grade: B).

Tidewater Inc.

TDW: Is Tidewater Inc. Halal?

Halal

Tidewater Inc.

NYSEEnergyUS

$74.34

+2.57%

Purify ~0.6% of income

About Tidewater Inc.

Tidewater Inc., along with its subsidiaries, provides essential marine support and transportation services globally for the offshore energy industry, leveraging its diverse fleet of specialized vessels. Its core activities include facilitating offshore oil and natural gas exploration, field development, and production, as well as contributing to windfarm development and maintenance. These critical services range from towing and anchor handling for mobile offshore drilling units to the crucial transport of supplies and personnel for ongoing drilling, workover, and production operations. Tidewater also offers offshore construction, seismic, and subsea support, provides geotechnical survey assistance for windfarm construction, and undertakes specialized tasks like pipe and cable laying. To achieve this, the company manages and charters a variety of vessels. Its deepwater fleet comprises platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels, designed to move equipment and provisions from shore bases to offshore drilling rigs and production platforms in both deep and intermediate waters. For shallower operations, it deploys towing-supply vessels, alongside crew boats, utility vessels, and offshore tugs that shuttle personnel and materials to various offshore installations. Additionally, its offshore tugs play a vital role in towing floating drilling rigs and barges, assisting with tanker docking, and supporting construction barges, as well as pipe and cable laying activities. Tidewater's clientele is broad, encompassing major and independent oil and natural gas exploration and production firms, state-owned or controlled foreign entities, drilling contractors, and companies engaged in offshore construction, windfarm development, diving, and well stimulation. As of December 31, 2021, the company owned a fleet of 135 vessels. Tidewater Inc. was established in 1956 and is headquartered in Houston, Texas.

Sector: Energy 路 Industry: Oil & Gas Equipment & Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026
B

Acceptable

Acceptable but room for improvement

68Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap18.5% / 30.0%

Compliance History

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 16, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your TDW Dividends

0.6% non-compliant income

TDW has 0.6% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

3.7B

Price

$74.34

Sector

Energy

Industry

Oil & Gas Equipment & Services

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Frequently Asked Questions

Is Tidewater Inc. (TDW) halal to invest in?
Based on AAOIFI Standard 21 screening, Tidewater Inc. (TDW) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Tidewater Inc. get a B compliance rating?
Tidewater Inc. (TDW) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.5% (limit 30%); interest-bearing deposits of 16.0% (limit 30%); prohibited income of 0.61% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Tidewater Inc.'s Shariah verdict?
Tidewater Inc.'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 Tidewater Inc. re-screened for Shariah compliance?
Tidewater Inc. (TDW) 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 16, 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.