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Shariah compliance overview

Halal

Genco Shipping & Trading Limited (GNK) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Genco Shipping & Trading Limited

Genco Shipping & Trading Limited, along with its associated companies, is a global participant in the maritime transport industry, focusing on the delivery of dry bulk commodities across the world's oceans.

Genco Shipping & Trading Limited (GNK) operates in the Industrials sector, in the Marine Shipping industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.44% (limit 5%), interest-bearing debt is 24.97% (limit 30%) and interest-bearing securities and assets are 7.13% (limit 30%).

If you hold GNK, give 0.44% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
0.44%Limit 5%Pass
Interest-bearing debt
24.97%Limit 30%Pass
Interest-bearing securities and assets
7.13%Limit 30%Pass
Dividend purification
0.44%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 Genco Shipping & Trading Limited (GNK). Current Akinda screening label: Halal.