What is Equity LifeStyle Properties, Inc.'s Shariah compliance score?

Equity LifeStyle Properties, Inc. (ELS) has a Shariah compliance score of 75/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Equity LifeStyle Properties, Inc. pass AAOIFI screening?

Equity LifeStyle Properties, Inc. (ELS) partially passes with caution 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% (ELS: 26.2%), (3) interest-bearing deposits below 30% (ELS: 0.2%), and (4) prohibited income below 5% (ELS: 0.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Equity LifeStyle Properties, Inc. stock?

Equity LifeStyle Properties, Inc. (ELS) has a non-permissible income ratio of 0.58%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ELS shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Equity LifeStyle Properties, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Equity LifeStyle Properties, Inc. (ELS) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ELS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ELS: Is Equity LifeStyle Properties, Inc. Halal?

Equity LifeStyle Properties, Inc.

NYSEReal EstateUS

$65.95

+3.40%

Market Cap: 12.8B

Compliance Status

Doubtful

Screened on Jul 17, 2026 · AAOIFI Standard 21

B+

Good

75Score

Is Equity LifeStyle Properties, Inc. (ELS) halal? Doubtful. Based on AAOIFI screening, Equity LifeStyle Properties, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 75/100 (Grade: B+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

26.2% of 30.0% limit

What this means for you

You may own ELS, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purify 0.6% of your income from ELS

That is about $0.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Equity LifeStyle Properties, Inc.

Based in Chicago, Equity LifeStyle Properties, Inc. operates as a self-managed Real Estate Investment Trust (REIT). As of January 25, 2021, its extensive portfolio includes 423 quality properties located across 33 U.S. states and British Columbia, collectively comprising 161,229 sites.

Sector: Real Estate · Industry: REIT - Residential

Why This Stock Is Doubtful

Debt is 26.2% of market cap, only 3.8 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Doubtfulnow
since Jun 2026
Not Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Equity LifeStyle Properties, Inc. (ELS) halal to invest in?

Equity LifeStyle Properties, Inc. (ELS) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Equity LifeStyle Properties, Inc. get a B+ compliance rating?

Equity LifeStyle Properties, Inc. (ELS) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 26.2% (limit 30%); interest-bearing deposits of 0.2% (limit 30%); prohibited income of 0.58% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Equity LifeStyle Properties, Inc.'s Shariah verdict?

Equity LifeStyle Properties, 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 Equity LifeStyle Properties, Inc. re-screened for Shariah compliance?

Equity LifeStyle Properties, Inc. (ELS) 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 17, 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.