Flex Lng Ltd

After reviewing the company's financial statements and business operations, FLEX LNG generates its primary revenue from shipping services, specifically the transportation of liquefied natural gas. This is a halal business activity as it involves the legitimate transportation of permissible goods. The company does not derive significant revenue from any haram products or services.

The company's interest expenses are primarily related to vessel financing, which is a necessary part of their capital-intensive shipping operations. However, based on the financial statements for the past four quarters, the interest expense to total expense ratio has consistently exceeded the acceptable threshold. This high level of interest-bearing debt financing is material to their business model.

Based on available information from SEC filings and company reports, FLEX LNG does not maintain significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused on international shipping routes, and there is no evidence of material ongoing relationships with the state of Israel or the Chinese Communist Party.