Paragon Shipping, Inc. provides global shipping transportation services. The company is headquartered in Athina, Attiki and currently employs 0 full-time employees. The company went IPO on 2007-08-10. The firm specializes in transporting drybulk cargoes, including commodities as iron ore, coal, grain and other materials, along shipping routes across the world. The company focuses on newbuilding program, including over three Kamsarmax drybulk carriers with fleet carrying capacity of over 245,400 deadweight tons. Allseas Marine S.A. and Seacommercial Shipping Services S.A provide commercial and technical management services for its fleet. Its technical management services include arranging for and managing crews, maintaining regulatory and classification society compliance, and providing technical support. Its commercial management services include negotiating charters for its vessels, monitoring various types of charters, monitoring the performance of its vessels, financing and negotiating the purchase and sale of its vessels, and obtaining insurance for its vessels and finance and accounting functions.
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Financial Metrics & Statements of Paragon Shipping Inc (PRGNF)
FAQ's for Paragon Shipping Inc (PRGNF)
As of August 2026, Paragon Shipping Inc PRGNF 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 Paragon Shipping Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Paragon Shipping 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 Paragon Shipping 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 Paragon Shipping 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 Paragon Shipping 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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