Uni-Fuels Holdings Limited (UFG) - Not Halal (Non-Compliant)
Uni-Fuels Holdings Limited (UFG) 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: 24.6% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 55.2% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Uni-Fuels Holdings Limited
Uni-Fuels Holdings Limited engages in the marketing, reselling, and brokerage of marine fuel products. The company offers very low sulfur fuel, high sulfur fuel, and marine gas oils to shipping companies operating in market sectors, such as bulk carriers, tanker vessels, offshore support vessels, container ships, general cargo vessels, tugs and barges, car carriers, cruise liners, yachts, and dredging vessels. It also provides bio marine fuel. The company serves shipping companies and marine fuel suppliers worldwide in-port and offshore. It operates in China, Hong Kong, Malaysia, Singapore, South Korea, the United Arab Emirates, Vietnam, Thailand, Indonesia, India, Spain, and internationally. Uni-Fuels Holdings Limited was founded in 2021 and is headquartered in Singapore. Uni-Fuels Holdings Limited is a subsidiary of Garden City Private Capital Limited.
Frequently Asked Questions
Is Uni-Fuels Holdings Limited (UFG) stock halal to invest in?
According to AAOIFI Shariah screening standards, Uni-Fuels Holdings Limited (UFG) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

