Brownie's Marine Group, Inc. engages in the design, test, manufacture, and distribution of recreational hookah diving, yacht-based scuba air compressor and nitrox generation systems, and scuba and water safety products. The company is headquartered in Pompano Beach, Florida and currently employs 36 full-time employees. The company went IPO on 2002-11-27. Its subsidiaries are focused on various sub-sectors of its industry, including Brownie's Third Lung in Surface Supplied Air (SSA); BLU3, Inc. in Ultra-Portable Tankless Dive Systems; LW Americas in High Pressure Gas Systems; Submersible Systems, Inc. (SSI) in Redundant Air Tank Systems, and Live Blue, Inc. in Guided Tours. Its segments include Legacy SSA Products, High Pressure Gas Systems, Ultra-Portable Tankless Dive Systems, Redundant Air Tank Systems and Guided Tour Retail. Its SSA products include tankless dive systems and boat integrated air systems (BIAS). The BLU3 line consists of two models: Nomad and Nomad Mini. The company designs, manufactures, sells and installs SCUBA tank fill systems for on-board yacht use under the brand Yacht- Pro.
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As of August 2026, Brownie's Marine Group Inc BWMG is classified as not covered 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 Brownie's Marine Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Brownie's Marine Group Inc 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 Brownie's Marine Group Inc 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 Brownie's Marine Group Inc 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 Brownie's Marine Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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