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Is International Seaways (INSW) stock Halal?

NYSE
Shariah-Compliant
Not Shariah

September 2026 AAOIFI screening result for International Seaways, Inc. (INSW): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 99.15%. Re-screened monthly against AAOIFI Shariah Standard No. 21.

International Seaways is a prominent player in the maritime transportation sector, focusing primarily on the shipping of crude oil and petroleum products across global markets. Operating a diverse and modern fleet of vessels, including Very Large Crude Carriers (VLCCs), Suezmax, and Panamax, the company ensures efficient and reliable delivery to major oil-consuming regions. Its operations are crucial in supporting the global energy supply chain, bridging the gap between oil producers and refiners or consumers. Before any of that matters to a Muslim investor, one question comes first: is International Seaways stock Halal?

Is International Seaways Shariah compliant?

For a resources company like International Seaways, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.

Does International Seaways pass the business activity test?

Yes. In the September 2026 screening International Seaways holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.

Is International Seaways' income Halal?

Yes, within AAOIFI's tolerance. International Seaways' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.15% tells holders of INSW what share of each dividend to keep and what remainder to donate to charity.

Does International Seaways meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has INSW re-screened every month, and the result above always shows the latest verdict.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?

Frequently asked questions

Is International Seaways, Inc. INSW stock Halal to invest in?

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How often is International Seaways, Inc. INSW reviewed for Shariah compliance?

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Does International Seaways, Inc. INSW pass the AAOIFI Non Permissible Income criteria?

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Does International Seaways, Inc. INSW pass the AAOIFI Interest Bearing Investments criteria?

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Does International Seaways, Inc. INSW pass the AAOIFI Interest Bearing Debt criteria?

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What is the dividend purification factor for International Seaways, Inc. INSW stock?

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Does International Seaways, Inc. INSW pass the AAOIFI Preference Share screen?

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How do I buy International Seaways (INSW) stock?

International Seaways (INSW) currently passes AAOIFI screening, making it one of the Shariah compliant stocks available on Tabadulat. Buying Halal stocks takes three steps: open your account, screen the stock, and place your trade. Every listing is re-screened monthly, so your portfolio stays Halal after you invest, not just on the day you buy.

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