Teekay Tankers Ltd.

TNK: Is Teekay Tankers Ltd. Halal?

Teekay Tankers Ltd.

NYSEIndustrialsBM

$77.25

+0.21%

Market Cap: 2.7B

Compliance Status

Doubtful

Screened on Sep 1, 2026 · AAOIFI Standard 21

B

Acceptable

60Score

Is Teekay Tankers Ltd. (TNK) halal? Doubtful. Based on AAOIFI screening, Teekay Tankers Ltd. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 60/100 (Grade: B).

Quote this verdict

HalalScreener rates Teekay Tankers Ltd. (TNK) Doubtful, 60/100, grade B under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/TNK

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%.

1.8% of 30.0% limit

What this means for you

You may own TNK, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

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

About Teekay Tankers Ltd.

Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.

Sector: Industrials · Industry: Marine Shipping

Why This Stock Is Doubtful

  • Interest-bearing deposits are 27.5% of market cap, only 2.5 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. 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 Teekay Tankers Ltd. (TNK) halal to invest in?
Teekay Tankers Ltd. (TNK) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Teekay Tankers Ltd. get a B compliance rating?
Teekay Tankers Ltd. (TNK) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Teekay Tankers Ltd.'s Shariah verdict?
Teekay Tankers 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 Teekay Tankers Ltd. re-screened for Shariah compliance?
Teekay Tankers Ltd. (TNK) 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 1, 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.