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Is CBL International Ltd Stock Halal?

Shariah Compliance Analysis of BANL Stock

No. As of September 2026, CBL International Ltd (BANL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CBL International Ltd does not pass Musaffa's business and financial screening criteria.

CBL International Ltd. is a holding company, which engages in the sales and distribution of marine fuel through its subsidiary. The company employs 37 full-time employees The company went IPO on 2023-03-23. The firm is engaged in the provision of one-stop solutions for vessel refueling. The Company’s target customer includes container liner operators. The firm operates its business in Malaysia, Hong Kong and Singapore.

BANL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CBL International Ltd is classified as not halal.

NOT HALAL

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Financial Metrics & Statements of CBL International Ltd (BANL)

FAQ's for CBL International Ltd (BANL)

  • As of September 2026, CBL International Ltd BANL is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes CBL International Ltd using these criteria to determine its compliance status.
  • Muslim investors may consider investing in CBL International Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of CBL International Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of CBL International Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of CBL International Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.