Is EuroDry Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, EuroDry Ltd (EDRY) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is EuroDry Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes EuroDry Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of EuroDry Ltd?

Muslim investors may consider investing in EuroDry 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.

Why is EuroDry Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of EuroDry Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for EuroDry Ltd updated?

The Shariah compliance status of EuroDry Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like EuroDry Ltd become non-compliant?

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.

Where can I check the Shariah status of EuroDry Ltd?

You can check the latest Shariah compliance status of EuroDry Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

EDRY Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 30, 2026

Report Source: 2025 Annual Report

EuroDry Ltd. Stock Analysis EDRY

United States Industrials Micro Cap Report: 2025 Annual

Eurodry Ltd. engages in the provision of worldwide ocean-going transportation services. The company is headquartered in Athina, Attiki. The company went IPO on 2018-05-24. The firm's operations are managed by Eurobulk Ltd an affiliated ship management company and Eurobulk (Far East) Ltd. Inc, which are responsible for the day-to-day commercial and technical management and operations of the vessels. EuroDry Ltd employs its vessels on spot and period charters and through pool arrangements. The firm has a fleet of more than five vessels, including Kamsarmax drybulk carriers, Panamax drybulk carriers and an Ultramax drybulk carrier with a total cargo capacity of approximately 400,000 deadweight tonnage (dwt). The firm's subsidiaries are: Kamsarmax One Shipping Ltd, Kamsarmax Two Shipping Ltd and Eirini Shipping Ltd, among others.

Key Statistics of EuroDry Ltd (EDRY)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$21.16$21.95

Today's Open

$21.95

Volume

4021.00

P/E Ratio (TTM)

52 Week Range

$7.60$23.98

Market Cap

59.40M

Avg. Volume

24.77K

Dividend Yield

Financial Metrics & Statements of EuroDry Ltd (EDRY)

FAQ's for EuroDry Ltd (EDRY)

According to Musaffa’s Shariah screening methodology, EuroDry Ltd (EDRY) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.