Dorian LPG Ltd.

LPG: Is Dorian LPG Ltd. Halal?

Dorian LPG Ltd.

NYSEEnergyUS

$36.01

+2.45%

Market Cap: 1.5B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Dorian LPG Ltd. (LPG) halal? Not Halal. Based on AAOIFI screening, Dorian LPG Ltd. 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

Over the limit

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

32.3% of 30.0% limit

What this means for you

Most scholars advise not holding LPG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Dorian LPG Ltd.

Dorian LPG Ltd., alongside its affiliates, operates worldwide in the shipping industry, specializing in the transportation of liquefied petroleum gas (LPG) with its fleet of dedicated vessels. The company's core business involves the ownership and management of Very Large Gas Carriers (VLGCs). As of May 27, 2022, its operational fleet consisted of twenty-two VLGCs. Established in 2013, Dorian LPG maintains its corporate headquarters in Stamford, Connecticut.

Sector: Energy · Industry: Oil & Gas Midstream

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

  3. Not Halal

    until the change above

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

Fiscal: FY 2026Data source: EDGAR

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 Dorian LPG Ltd. (LPG) halal to invest in?
Dorian LPG Ltd. (LPG) 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 Dorian LPG Ltd. get a F compliance rating?
Dorian LPG Ltd. (LPG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 32.3% (limit 30%); interest-bearing deposits of 17.2% (limit 30%); prohibited income of 1.99% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Dorian LPG Ltd.'s Shariah verdict?
Dorian LPG Ltd.'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 Dorian LPG Ltd. re-screened for Shariah compliance?
Dorian LPG Ltd. (LPG) 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: Jul 18, 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.