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Company report
Review the methodology status, formula details, and supporting context for BWN.
Methodology
AAOIFI
DJIM
S&P Shariah
Company
Bhagwan Marine Limited, a marine services company, owns and operates a range of vessels providing marine solutions for the offshore energy, subsea, ports and inshore, and defense sectors in Australia. Its port services include wharf and jetty construction support, crew change/transfers, harbor towage, line boats, inshore survey, geotechnical support, general marine project support, ship supply runs, navigational aid maintenance, mooring installation, maintenance and removal, mooring hire, vessel line handling, berthing, transshipping, dredging support, bed levelling, and port security vessels; and offshore services comprise dive support, remotely operated vehicle support, crew change operations, metocean equipment deployment, geophysical surveys, geotechnical surveys, offshore accommodation services, decommissioning support, pilot transfers, FPSO offtake assist, oil field support services, coastal towage, coastal freight, standby operations, search and rescue, subsea trenching and cable lay support, platform maintenance support, transshipping, dredge support, bed levelling, and hot shots. The company also provides subsea inspection maintenance and repair, construction, and decommissioning services; commercial diving services; civil construction support services; and project management services. It has a total fleet of approximately 95 vessels, including dive support vessels, tug boats, multi-cats, utility vessels, barges, and crew transfer boats, as well as other specialist vessels. The company was incorporated in 1985 and is headquartered in Perth, Australia.
Debt ratio
Formula
Total Interest-Bearing Debt / Market Capitalization (or Avg for AAOIFI/DJIM)
Thresholds
Cash ratio
Formula
(Cash + Interest-Bearing Securities) / Market Capitalization
Thresholds
Analysis
Financial Data
Company Profile
Financial Data
Haram revenue
Formula
Impermissible Revenue / Total Revenue
Thresholds
Financial Data
Company Website
Methodology
Methodology