International Seaways, Inc.

INSW: Is International Seaways, Inc. Halal?

International Seaways, Inc.

NYSEIndustrialsUS

$98.81

-0.45%

Market Cap: 4.9B

Compliance Status

Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

A

Very Good

80Score

Is International Seaways, Inc. (INSW) halal? Halal. Based on AAOIFI screening, International Seaways, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

Quote this verdict

HalalScreener rates International Seaways, Inc. (INSW) Halal, 80/100, grade A under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/INSW

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%.

13.2% of 30.0% limit

What this means for you

You can own INSW

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened INSW's prohibited income, but the exact share you would need to purify is part of Pro.

About International Seaways, Inc.

International Seaways, Inc. (INSW) specializes in the global seaborne transport of crude oil and refined petroleum products, managing and operating a substantial fleet of ocean-going vessels. Its business is categorized into two key divisions: Crude Tankers and Product Carriers. By the close of 2021, the company managed an extensive fleet of 83 vessels, encompassing both owned and 12 chartered-in ships, alongside stakes in two floating storage and offloading (FSO) service vessels. Its diverse clientele spans independent and state-controlled oil enterprises, energy traders, refinery operators, and international governmental bodies. Originally incorporated in 1999 as OSG International, Inc., the firm adopted its current name, International Seaways, Inc., in October 2016. It maintains its corporate headquarters in New York, New York.

Sector: Industrials · Industry: Marine Shipping

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is International Seaways, Inc. (INSW) halal to invest in?
Based on AAOIFI Standard 21 screening, International Seaways, Inc. (INSW) is rated Halal with a compliance grade of A (Very 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).
Why did International Seaways, Inc. get a A compliance rating?
International Seaways, Inc. (INSW) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change International Seaways, Inc.'s Shariah verdict?
International Seaways, 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 International Seaways, Inc. re-screened for Shariah compliance?
International Seaways, Inc. (INSW) 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 30, 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.