Is Top Ships Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Top Ships Inc (TOPS) is currently classified as NOT HALAL as of April 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 Top Ships Inc 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 Top Ships Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Top Ships Inc?

Muslim investors may consider investing in Top Ships 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.

Why is Top Ships Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Top Ships Inc 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 Top Ships Inc updated?

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

Can a halal stock like Top Ships Inc 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 Top Ships Inc?

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

TOPS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2026

Report Source: 2025 Annual Report

Top Ships Inc. Stock Analysis TOPS

United States Energy Nano Cap Report: 2025 Annual

Top Ships, Inc. is an international owner and operator of tanker vessels. The company is headquartered in Paiania, Attiki. The company went IPO on 2004-07-26. The firm owns and operates eco tanker vessels focusing on the transportation of crude oil, petroleum products (clean and dirty), and bulk liquid chemicals. The Company’s fleet consists of 3 product/chemical MR2 tankers of approximately 50,000 deadweight tonnage (dwt) each, namely ECO MARINA DEL REY, ECO YOSEMITE PARK, and ECO JOSHUA PARK; 5 crude oil Suezmax tankers of approximately 157,000 dwt each, namely ECO BEL AIR, ECO BEVERLY HILLS, ECO WEST COAST, ECO MALIBU, and ECO OCEANO CA, as well as 2 crude oil VLCC tankers of approximately 300,000 dwt each, namely JULIUS CAESAR and LEGIO X EQUESTRIS.

Key Statistics of Top Ships Inc (TOPS)

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

Today's Range

$0.93$1.78

Today's Open

$1.06

Volume

18.02M

P/E Ratio (TTM)

2.65

52 Week Range

$0.93$10.33

Market Cap

10.22M

Avg. Volume

86.91K

Dividend Yield

Financial Metrics & Statements of Top Ships Inc (TOPS)

FAQ's for Top Ships Inc (TOPS)

According to Musaffa’s Shariah screening methodology, Top Ships Inc (TOPS) is currently classified as NOT HALAL as of April 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.