BrightSpire Capital, Inc.

BRSP: Is BrightSpire Capital, Inc. Halal?

BrightSpire Capital, Inc.

NYSEReal EstateUS

$5.33

-0.74%

Market Cap: 694.4M

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

348.4% of 30.0% limit

What this means for you

Most scholars advise not holding BRSP

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About BrightSpire Capital, Inc.

BrightSpire Capital, Inc. (BRSP) operates as a U.S.-based real estate investment trust (REIT) specializing in commercial real estate (CRE) credit. The company's core activities involve creating, purchasing, financing, and managing a diverse portfolio of CRE-related assets. This portfolio encompasses senior mortgage loans, mezzanine loans, preferred equity, various debt securities, and properties subject to net leases. BrightSpire Capital, Inc. maintains its status as a qualified real estate investment trust for federal income tax purposes. The firm was established in 2017 and was previously known as Colony Credit Real Estate, Inc. It adopted the name BrightSpire Capital, Inc. in June 2021 and is headquartered in New York, New York.

Sector: Real Estate · Industry: REIT - Diversified

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is BrightSpire Capital, Inc. (BRSP) halal to invest in?
BrightSpire Capital, Inc. (BRSP) 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 BrightSpire Capital, Inc. get a F compliance rating?
BrightSpire Capital, Inc. (BRSP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 348.4% (limit 30%); interest-bearing deposits of 42.6% (limit 30%); prohibited income of 10.14% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BrightSpire Capital, Inc.'s Shariah verdict?
BrightSpire Capital, 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 BrightSpire Capital, Inc. re-screened for Shariah compliance?
BrightSpire Capital, Inc. (BRSP) 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 16, 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.