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 86/100 (Grade: A).
EGP β Is EastGroup Properties, Inc. Halal?
HalalEastGroup Properties, Inc.
$195.75
+0.47%
About EastGroup Properties, Inc.
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet.
Sector: Real Estate Β· Industry: REIT - Industrial
Shariah Compliance Status
Based on AAOIFI screening standards
Very Good
Strong compliance across all metrics
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Halalnow
since Jun 2026
Doubtful
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your EGP Dividends
0.2% non-compliant incomeEGP has 0.2% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
10.5B
Price
$195.75
Sector
Real Estate
Industry
REIT - Industrial
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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.