
EGP: Is EastGroup Properties, Inc. Halal?
EastGroup Properties, Inc.
$202.78
+0.21%
Market Cap: 10.9B
Compliance Status
Halal
Screened on Sep 3, 2026 · AAOIFI Standard 21
Very Good
Is EastGroup Properties, Inc. (EGP) halal? Halal. Based on AAOIFI screening, EastGroup Properties, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).
Quote this verdict
HalalScreener rates EastGroup Properties, Inc. (EGP) Halal, 87/100, grade A under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/EGP
Business activity
What the company sells is permissible.
Company debt
Within the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own EGP
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened EGP's prohibited income, but the exact share you would need to purify is part of Pro.
About EastGroup Properties, Inc.
EastGroup Properties, Inc. (NYSE: EGP), a self-administered equity real estate investment trust and an S&P MidCap 400 company, specializes in the development, acquisition, and management of industrial properties. The company concentrates its efforts within major Sunbelt markets across the United States, with a particular focus on Florida, Texas, Arizona, California, and North Carolina. Its central aim is to enhance shareholder value by serving as a leading provider of adaptable, efficient, and high-quality business distribution facilities for location-sensitive clients, generally seeking spaces between 15,000 and 70,000 square feet. EastGroup's growth strategy prioritizes ownership of prime distribution centers, strategically positioned close to key transportation networks in submarkets where supply is limited. The firm's current portfolio encompasses approximately 45.8 million square feet, including properties under development, value-add acquisitions in lease-up, and those currently under construction.
Sector: Real Estate · Industry: REIT - Industrial
Shariah Compliance Status
Compliance History
Halalnow
since Jun 2026
Doubtful
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.