What is Globus Maritime Limited's Shariah compliance score?

Globus Maritime Limited (GLBS) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Globus Maritime Limited pass AAOIFI screening?

Globus Maritime Limited (GLBS) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. GLBS's debt-to-market-cap is 143.2%.

How much purification is needed for Globus Maritime Limited?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Globus Maritime Limited (GLBS) using the latest financial data.

Where can I screen Globus Maritime Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Globus Maritime Limited (GLBS) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

GLBSNot HalalF

Unlock full report, free

GLBS: Is Globus Maritime Limited Halal?

Globus Maritime Limited

NASDAQIndustrialsGR

$3.44

Market Cap: 74.2M

Compliance Status

Not Halal

Screened on Sep 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Globus Maritime Limited (GLBS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/GLBS

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

143.2% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding GLBS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Get an email if GLBS's halal status changes

We re-screen Globus Maritime Limited daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Globus Maritime Limited

Globus Maritime Limited (GML) is an international dry bulk shipping firm that specializes in providing worldwide marine transportation services. The company owns, manages, and operates a fleet of dry bulk carriers, which are essential for shipping a variety of raw materials and commodities, including iron ore, coal, grain, steel products, cement, alumina, and other bulk cargoes. As of March 31, 2022, GML's fleet consisted of nine vessels with a combined carrying capacity of 626,257 deadweight tons (DWT). These vessels are chartered out to a diverse range of clients, such as maritime operators, trading firms, other shipping companies, various producers, and government-owned organizations. Founded in 2006, Globus Maritime Limited is headquartered in Athens, Greece, and operates as a subsidiary of Firment Trading Limited.

Sector: Industrials · Industry: Marine Shipping

Why this does not pass

Interest-bearing debt is 143.2% of market cap, over the 30% AAOIFI limit.
Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 26, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

Free for 7 days. Cancel anytime.

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

See why GLBS is rated Not Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

0064.KLA+

Efficient E-Solutions Berhad

$0.09

+0.00%

0122.KLA+

Advance Information Marketing Berhad

$0.04

-0.20%

0133.KLA+

Sanichi Technology Berhad

$0.10

-0.10%

0199.KLA+

Tri-Mode System (M) Berhad

$0.16

+0.00%

0217.KLA+

Powerwell Holdings Berhad

$1.18

-0.02%

More Industrials Stocks

GE Aerospace

A+

CAT

Caterpillar Inc.

RTX

RTX Corporation

UNP

Union Pacific Corporation

HON

Honeywell International Inc.

UPS

United Parcel Service, Inc.

Free · No credit card required

Track GLBS and 8,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Globus Maritime Limited (GLBS) halal to invest in?

Globus Maritime Limited (GLBS) 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 Globus Maritime Limited get a F compliance rating?

Globus Maritime Limited (GLBS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 143.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Globus Maritime Limited's Shariah verdict?

Globus Maritime 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 Globus Maritime Limited re-screened for Shariah compliance?

Globus Maritime Limited (GLBS) 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: Sep 26, 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.