Is Golden Ocean Group Ltd halal to invest in?

As of September 2026, Golden Ocean Group Ltd GOGL 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.

Is Golden Ocean Group 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 Golden Ocean Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Golden Ocean Group Ltd?

Muslim investors may consider investing in Golden Ocean Group 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 Golden Ocean Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Golden Ocean Group 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 Golden Ocean Group Ltd updated?

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

Can a halal stock like Golden Ocean Group 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 Golden Ocean Group Ltd?

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

Is Golden Ocean Group Ltd Stock Halal?

Shariah Compliance Analysis of GOGL Stock

Germany Industrials Small Cap

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

Golden Ocean Group Ltd. engages in the ownership and operation of dry bulk vessels. The firm owns and operates a fleet of dry bulk vessels, comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels. Its vessels transport a range of bulk commodities, including ores, coal, grains, and fertilizers, along worldwide shipping routes. Its vessels operate in the spot and time charter markets. The company owns approximately 83 dry bulk vessels and has construction contracts for three new buildings. In addition, it has eight vessels chartered-in from SFL Corporation Ltd. (SFL) (of which seven are chartered in on finance leases and one is chartered on an operating lease). Approximately 12 of its vessels are chartered-out on fixed rate time charters, 36 of its vessels are chartered out on index-linked-rate time charters and 43 vessels operate in the spot market.

Golden Ocean Group Ltd GOGL

$23.12 $0.57 (2.39%) 1D

Last Updated: Sep 04, 12:00 AM·BE

Pricing for DE stocks is delayed by 24 hours

GOGL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Golden Ocean Group Ltd is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Golden Ocean Group Ltd (GOGL) Chart

Financial Metrics & Statements of Golden Ocean Group Ltd (GOGL)

FAQ's for Golden Ocean Group Ltd (GOGL)

As of September 2026, Golden Ocean Group Ltd GOGL 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 Golden Ocean Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Golden Ocean Group 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 Golden Ocean Group 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 Golden Ocean Group 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 Golden Ocean Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.