Is Ardmore Shipping Corporation (ASC) halal to invest in?

As of يونيو 2026, based on AAOIFI Shariah screening standards, Ardmore Shipping Corporation (ASC) is currently rated as "Halal" with a compliance grade of B+ (Good). The screening examines business activities (qualitative) and three financial ratios: debt-to-market-cap (19.2%), interest-bearing deposits to market cap (7.0%), and prohibited income (0.3%). Thresholds are 30%, 30%, and 5% respectively. Screen ASC and 10,000+ stocks free at HalalScreener.app.

What is Ardmore Shipping Corporation's Shariah compliance score?

Ardmore Shipping Corporation (ASC) has a Shariah compliance score of 77/100 (Grade: B+ — Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Ardmore Shipping Corporation pass AAOIFI screening?

Ardmore Shipping Corporation (ASC) passes 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% (ASC: 19.2%), (3) interest-bearing deposits below 30% (ASC: 7.0%), and (4) prohibited income below 5% (ASC: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Ardmore Shipping Corporation stock?

Ardmore Shipping Corporation (ASC) has a non-permissible income ratio of 0.31%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ASC 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 Ardmore Shipping Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ardmore Shipping Corporation (ASC) 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 ASC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Ardmore Shipping Corporation (ASC) halal? Halal. Based on AAOIFI screening, Ardmore Shipping Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

ASC — Is Ardmore Shipping Corporation Halal?

Halal

Ardmore Shipping Corporation

NYSEIndustrialsBM

$16.44

+2.94%

About Ardmore Shipping Corporation

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

Sector: Industrials · Industry: Marine Shipping

Shariah Compliance Status

معيار أيوفي 21تحديث ٨ يونيو ٢٠٢٦

B+

Good

Good compliance with minor concerns

77Score

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 Cap19.2% / 30.0%

Compliance History

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 8, 2026Fiscal: FY 2025Source: FMP

Purify Your ASC Dividends

0.3% non-compliant income

ASC has 0.3% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

670.8M

Price

$16.44

Sector

Industrials

Industry

Marine Shipping

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الأسئلة الشائعة

هل Ardmore Shipping Corporation (ASC) حلال للاستثمار؟

Based on AAOIFI Standard 21 screening, Ardmore Shipping Corporation (ASC) is rated Halal with a compliance grade of B+ (Good). 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).

لماذا حصل Ardmore Shipping Corporation على تقييم توافق B+؟

Ardmore Shipping Corporation (ASC) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 19.2% (limit 30%); interest-bearing deposits of 7.0% (limit 30%); prohibited income of 0.31% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

ما الذي قد يغير حكم Ardmore Shipping Corporation الشرعي؟

Ardmore Shipping Corporation'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.

كم مرة يُعاد فحص Ardmore Shipping Corporation للتوافق الشرعي؟

Ardmore Shipping Corporation (ASC) 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 8, 2026.

مفحوص وفق معيار أيوفي رقم 21 · لأغراض إعلامية فقط — استشر مستشاراً مالياً إسلامياً مؤهلاً قبل الاستثمار.

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.