What is Centerspace's Shariah compliance score?

Centerspace's (CSR) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Centerspace pass AAOIFI screening?

Centerspace (CSR) 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% (CSR: 112.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Centerspace stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Centerspace (CSR) using the latest financial data.

Where can I screen Centerspace for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Centerspace (CSR) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CSR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CSR: Is Centerspace Halal?

Centerspace

NYSEReal EstateUS

$53.96

-0.37%

Market Cap: 906.7M

Compliance Status

Not Halal

Screened on Aug 29, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Centerspace (CSR) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/CSR

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%.

112.2% of 30.0% limit

What this means for you

Most scholars advise not holding CSR

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Centerspace

Centerspace operates as an owner and manager of residential apartment communities, founded in 1970. The organization is dedicated to delivering exceptional homes by upholding principles of integrity and service to its residents. As of the end of June 2021, Centerspace's holdings encompassed 62 distinct apartment properties, comprising 11,579 housing units situated across Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Its commitment to its employees was acknowledged when the Minneapolis Star Tribune designated it a Top Workplace for 2021. More information is available at www.centerspacehomes.com.

Sector: Real Estate · Industry: REIT - Residential

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 29, 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: Q2 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:

7249.KLA+

Skygate Solutions Berhad

$0.86

-0.02%

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.

$17.34

-3.02%

XRNA+

Chiron Real Estate Inc.

$36.58

+0.85%

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Free · No credit card required

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Frequently Asked Questions

Is Centerspace (CSR) halal to invest in?

Centerspace (CSR) 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 Centerspace get a F compliance rating?

Centerspace (CSR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 112.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Centerspace's Shariah verdict?

Centerspace'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 Centerspace re-screened for Shariah compliance?

Centerspace (CSR) 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: Aug 29, 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.