
ECO: Is Okeanis Eco Tankers Corp. Halal?
Okeanis Eco Tankers Corp.
$52.23
-5.11%
Market Cap: 1.7B
Compliance Status
Doubtful
Screened on Aug 9, 2026 · AAOIFI Standard 21
Acceptable
Is Okeanis Eco Tankers Corp. (ECO) halal? Doubtful. Based on AAOIFI screening, Okeanis Eco Tankers Corp. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 67/100 (Grade: B).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own ECO, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened ECO's prohibited income, but the exact share you would need to purify is part of Pro.
See what I owe (free for 7 days)About Okeanis Eco Tankers Corp.
Okeanis Eco Tankers Corp. is a global maritime enterprise primarily involved in the acquisition, chartering out, and operational oversight of oil tanker vessels worldwide. Beyond its core business, the firm also delivers a variety of shipping-related services, including technical assistance, vessel maintenance, and insurance consultancy. The company's modern fleet consists of fourteen state-of-the-art, scrubber-fitted tankers: specifically, six Suezmax vessels and eight Very Large Crude Carriers (VLCCs). Established in 2018, its principal operations are based in Piraeus, Greece.
Sector: Industrials · Industry: Marine Shipping
Why This Stock Is Doubtful
- Debt is 29.9% of market cap, only 0.1 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Aug 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is Okeanis Eco Tankers Corp. (ECO) halal to invest in?
Why did Okeanis Eco Tankers Corp. get a B compliance rating?
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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.