Imperial Petroleum Inc.

IMPP: Is Imperial Petroleum Inc. Halal?

Imperial Petroleum Inc.

NASDAQEnergyGR

$5.10

-3.59%

Market Cap: 191.7M

Compliance Status

Not Halal

Screened on Aug 27, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.0% of 30.0% limit

What this means for you

Most scholars advise not holding IMPP

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Imperial Petroleum Inc.

Imperial Petroleum Inc. operates globally, offering maritime shipping solutions to a diverse clientele, including petroleum producers, refiners, and commodity traders. The company's vessels transport various goods such as refined petroleum products (e.g., gasoline, diesel, jet fuel, and fuel oil), as well as crude oils, chemicals, and edible oils. As of March 29, 2022, its fleet consisted of five ships: four medium-range tankers specializing in refined petroleum products and one Aframax tanker for crude oil, collectively possessing a carrying capacity of 305,804 deadweight tons. This company, founded in 2021, is headquartered in Athens, Greece.

Sector: Energy · Industry: Oil & Gas Midstream

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 27, 2026

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: FY 2025Data source: FMP

Halal Alternatives in Energy

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

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Frequently Asked Questions

Is Imperial Petroleum Inc. (IMPP) halal to invest in?
Imperial Petroleum Inc. (IMPP) 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 Imperial Petroleum Inc. get a F compliance rating?
Imperial Petroleum Inc. (IMPP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Imperial Petroleum Inc.'s Shariah verdict?
Imperial Petroleum 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 Imperial Petroleum Inc. re-screened for Shariah compliance?
Imperial Petroleum Inc. (IMPP) 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: Aug 27, 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.