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Shariah compliance overview

Not Halal

Costamare Inc. (CMRE) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Costamare Inc.

Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes.

Costamare Inc. (CMRE) operates in the Industrials sector, in the Marine Shipping industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
2.15%Limit 5%Pass
Interest-bearing debt
95.25%Limit 30%Fail
Interest-bearing securities and assets
34.41%Limit 30%Fail
Dividend purification
2.15%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Costamare Inc. (CMRE). Current Akinda screening label: Not Halal.