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Shariah compliance overview

Not Halal

Safe 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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Frequently asked questions

Quick answers about Safe Bulkers, Inc. (SB). Current Akinda screening label: Not Halal.