Uni-Fuels Holdings Limited

UFG: Is Uni-Fuels Holdings Limited Halal?

Uni-Fuels Holdings Limited

NASDAQIndustrialsSG

$0.56

-2.16%

Market Cap: 18.2M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Uni-Fuels Holdings Limited (UFG) halal? Not Halal. Based on AAOIFI screening, Uni-Fuels Holdings Limited 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

Within the limit

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

18.4% of 30.0% limit

What this means for you

Most scholars advise not holding UFG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Uni-Fuels Holdings Limited

Based in Singapore, Uni-Fuels Holdings Limited specializes in the marketing, distribution, and intermediation of marine fuel products. The company supplies very low sulfur fuel oil, high sulfur fuel oil, and marine gas oils to a broad spectrum of shipping entities. Its diverse client base includes operators of bulk carriers, tanker vessels, offshore support vessels, container ships, general cargo vessels, tugs and barges, car carriers, cruise liners, yachts, and dredging vessels. Established in 2021 with its main office in Singapore, Uni-Fuels Holdings Limited operates as a subsidiary of Garden City Private Capital Limited.

Sector: Industrials · Industry: Marine Shipping

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 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
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Frequently Asked Questions

Is Uni-Fuels Holdings Limited (UFG) halal to invest in?
Uni-Fuels Holdings Limited (UFG) 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 Uni-Fuels Holdings Limited get a F compliance rating?
Uni-Fuels Holdings Limited (UFG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Uni-Fuels Holdings Limited's Shariah verdict?
Uni-Fuels Holdings Limited'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 Uni-Fuels Holdings Limited re-screened for Shariah compliance?
Uni-Fuels Holdings Limited (UFG) 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 26, 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.