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Is Scorpio Tankers Inc Stock Halal?
Shariah Compliance Analysis of STNG Stock
United States Energy Mid Cap No. As of November 2026, Scorpio Tankers Inc (STNG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Scorpio Tankers Inc does not pass Musaffa's business and financial screening criteria.
Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. The firm involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. The company operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. The company consists of 113 wholly owned, finance leased or bareboat chartered-in tankers (39 LR2, 60 MR and 14 Handymax). The segments represent a different type of vessel being around 110 with which it operates with the smaller and bigger type of ships that include Handymax, MR, LR1 and LR2 under its own ownership as well as finance, leased or chartered in.
STNG Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, Scorpio Tankers Inc is classified as not halal.
NOT HALALScorpio Tankers Inc (STNG) Chart
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Financial Metrics & Statements of Scorpio Tankers Inc (STNG)
FAQ's for Scorpio Tankers Inc (STNG)
- As of November 2026, Scorpio Tankers Inc STNG 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 Scorpio Tankers Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Scorpio Tankers 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 Scorpio Tankers 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 Scorpio Tankers 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 Scorpio Tankers Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Scorpio Tankers Inc (STNG)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
