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Shariah compliance overview

Not Halal

Navigator Holdings Ltd. (NVGS) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Navigator Holdings Ltd.

Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. It engages in the international and regional seaborne transportation of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders.

Navigator Holdings Ltd. (NVGS) 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.

Business Activity
0.98%Limit 5%Pass
Interest-bearing debt
81.72%Limit 30%Fail
Interest-bearing securities and assets
18.57%Limit 30%Pass
Dividend purification
0.98%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 Navigator Holdings Ltd. (NVGS). Current Akinda screening label: Not Halal.