Navios Maritime Partners L.P.

NMM: Is Navios Maritime Partners L.P. Halal?

Navios Maritime Partners L.P.

NYSEIndustrialsMC

$72.47

+2.01%

Market Cap: 2.1B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Navios Maritime Partners L.P. (NMM) halal? Not Halal. Based on AAOIFI screening, Navios Maritime Partners L.P. 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%.

117.1% of 30.0% limit

What this means for you

Most scholars advise not holding NMM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Navios Maritime Partners L.P.

Navios Maritime Partners L.P. is a company that manages and possesses vessels specialized in dry cargo, delivering vital marine shipping solutions across global markets including Asia, Europe, North America, and Australia. The firm facilitates the ocean-borne transport of a diverse array of liquid and dry bulk materials, encompassing everything from crude oil, refined petroleum products, and chemicals to iron ore, coal, grain, fertilizers, and containerized freight. Its substantial fleet consists of 26 Panamax carriers, 24 Capesize ships, four Ultra-Handymax vessels, 47 containerships, and 45 tankers, which are operated under various short, medium, and long-term charter arrangements. Olympos Maritime Ltd. functions as the general partner for Navios Maritime Partners L.P., an entity that commenced operations in 2007 and maintains its principal offices in Monaco.

Sector: Industrials · Industry: Marine Shipping

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

  3. Not Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Navios Maritime Partners L.P. (NMM) halal to invest in?
Navios Maritime Partners L.P. (NMM) 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 Navios Maritime Partners L.P. get a F compliance rating?
Navios Maritime Partners L.P. (NMM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 117.1% (limit 30%); interest-bearing deposits of 20.4% (limit 30%); prohibited income of 0.95% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Navios Maritime Partners L.P.'s Shariah verdict?
Navios Maritime Partners L.P.'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 Navios Maritime Partners L.P. re-screened for Shariah compliance?
Navios Maritime Partners L.P. (NMM) 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.