Shariah compliance overview
Not HalalSafe Bulkers, Inc. (SB) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Safe Bulkers, Inc.
Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore.
Safe Bulkers, Inc. (SB) 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
- 1.82%Limit 5%Pass
- Interest-bearing debt
- 109.87%Limit 30%Fail
- Interest-bearing securities and assets
- 31.15%Limit 30%Fail
- Dividend purification
- 1.82%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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Company Profile
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Frequently asked questions
Quick answers about Safe Bulkers, Inc. (SB). Current Akinda screening label: Not Halal.
