Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

CRESY: Is Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Halal?

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

NASDAQIndustrialsAR

$11.21

-3.45%

Market Cap: 727.2M

Compliance Status

Not Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) halal? Not Halal. Based on AAOIFI screening, Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/CRESY

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%.

106.7% of 30.0% limit

What this means for you

Most scholars advise not holding CRESY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria is a company primarily focused on agriculture, engaging in the production of staple commodities across Brazil and other Latin American nations. Its extensive operations are structured into two principal divisions: Agricultural Business and Urban Properties and Investment. The Agricultural Business segment encompasses the cultivation, harvesting, and distribution of various crops like wheat, corn, soybeans, cotton, sunflower, and sugarcane. It also deals in processed grain products such as flour and oil. Livestock activities include the breeding, acquisition, and fattening of cattle, which are then sold to meat processing facilities and regional livestock auctions. Furthermore, it provides agricultural services, leases its farms to external parties, undertakes the development and sale of agricultural land, and conducts brokerage operations. The Urban Properties and Investment division focuses on the management and leasing of commercial spaces, including retail units within shopping centers and various office and rental properties. It is also involved in the development, upkeep, and sale of undeveloped plots of land and investment properties. Additionally, this segment operates hotels and participates in entertainment ventures. Established in 1936, Cresud maintains its corporate headquarters in Buenos Aires, Argentina.

Sector: Industrials · Industry: Conglomerates

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 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: FY 2025Data source: FMP
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Frequently Asked Questions

Is Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) halal to invest in?
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) 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 Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria get a F compliance rating?
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 106.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's Shariah verdict?
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria'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 Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria re-screened for Shariah compliance?
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) 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: Sep 3, 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.