Navios Maritime Partners LP (NMM) - Not Halal (Non-Compliant)
Navios Maritime Partners LP (NMM) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Marine Shipping
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Marine Shipping" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 108.2% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 30.9% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.9% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.94%.Based on the company's financial statements, approximately 0.94% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.94% of total income). Some scholars may differ on the exact calculation method.
About Navios Maritime Partners LP
Navios Maritime Partners L.P. owns and operates dry cargo and tanker vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, such as crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers. It charters its vessels under short, medium, and longer-term time charters. As of March 5, 2026, the company's fleet consisted of 66 dry bulk vessels, 51 containerships, and 53 tanker vessels. Navios Maritime Partners L.P. was founded in 2007 and is based in Piraeus, Greece.
Frequently Asked Questions
Is Navios Maritime Partners LP (NMM) stock halal to invest in?
According to AAOIFI Shariah screening standards, Navios Maritime Partners LP (NMM) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Navios Maritime Partners LP have any interest income?
Navios Maritime Partners LP's interest income ratio is 30.9% of total revenue. AAOIFI standards require this to be below 30%.

