What is Alexandria Real Estate Equities, Inc.'s Shariah compliance score?

Alexandria Real Estate Equities, Inc.'s (ARE) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Alexandria Real Estate Equities, Inc. pass AAOIFI screening?

Alexandria Real Estate Equities, Inc. (ARE) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ARE: 143.1%), (3) interest-bearing deposits below 30% (ARE: 6.3%), and (4) prohibited income below 5% (ARE: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Alexandria Real Estate Equities, Inc. stock?

Alexandria Real Estate Equities, Inc. (ARE) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ARE shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Alexandria Real Estate Equities, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Alexandria Real Estate Equities, Inc. (ARE) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ARE's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ARE: Is Alexandria Real Estate Equities, Inc. Halal?

Alexandria Real Estate Equities, Inc.

NYSEReal EstateUS

$50.22

-1.30%

Market Cap: 8.8B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Alexandria Real Estate Equities, Inc. (ARE) halal? Not Halal. Based on AAOIFI screening, Alexandria Real Estate Equities, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

143.1% of 30.0% limit

What this means for you

Most scholars advise not holding ARE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Alexandria Real Estate Equities, Inc.

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties. Since its inception in 1994, Alexandria has uniquely focused on the ownership, operation, and development of integrated campuses tailored for the life science, technology, and agtech sectors, strategically positioned within premier innovation ecosystems. By December 31, 2020, the company commanded a market capitalization of $31.9 billion and managed an extensive North American asset portfolio totaling 49.7 million square feet. This substantial base encompasses 31.9 million RSF of operational properties, 3.3 million RSF of premium Class A spaces currently under construction, 7.1 million RSF designated for near-to-mid-term development and refurbishment, and an additional 7.4 million SF earmarked for future projects. Alexandria has cultivated a significant footprint across vital innovation hubs such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Its established expertise lies in crafting superior Class A facilities within these urban campuses, fostering dynamic and collaborative environments. These spaces are instrumental in empowering innovative tenants to successfully attract and retain world-class professionals, thereby stimulating productivity, efficiency, creativity, and overall achievement. Furthermore, Alexandria extends its support to transformative life science, technology, and agtech companies through its dedicated venture capital platform. This distinct business model, coupled with rigorous underwriting practices, ensures a diverse and high-caliber tenant roster, ultimately driving elevated occupancy rates, extended lease durations, robust rental revenues, superior financial returns, and enhanced long-term asset appreciation.

Sector: Real Estate · Industry: REIT - Office

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Real Estate

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

HBNBA+

Hotel101 Global Holdings Corp. Class A Ordinary Shares

$5.85

+2.82%

GMREA+

Global Medical REIT Inc.

$35.74

-1.24%

MLPA+

Maui Land & Pineapple Company, Inc.

$17.21

+3.86%

NNNA+

NNN REIT, Inc.

$49.22

+3.80%

AHRA+

American Healthcare REIT, Inc.

$53.84

-1.43%

More Real Estate Stocks

PLD

Prologis, Inc.

B+

PSA

Public Storage

DLR

Digital Realty Trust, Inc.

Realty Income Corporation

SPG

Simon Property Group, Inc.

WELL

Welltower Inc.

Free · No credit card required

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Frequently Asked Questions

Is Alexandria Real Estate Equities, Inc. (ARE) halal to invest in?

Alexandria Real Estate Equities, Inc. (ARE) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Alexandria Real Estate Equities, Inc. get a F compliance rating?

Alexandria Real Estate Equities, Inc. (ARE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 143.1% (limit 30%); interest-bearing deposits of 6.3% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Alexandria Real Estate Equities, Inc.'s Shariah verdict?

Alexandria Real Estate Equities, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Alexandria Real Estate Equities, Inc. re-screened for Shariah compliance?

Alexandria Real Estate Equities, Inc. (ARE) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 20, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.