Franklin Street Properties Corp.

FSP: Is Franklin Street Properties Corp. Halal?

Franklin Street Properties Corp.

AMEXReal EstateUS

$0.44

-5.59%

Market Cap: 45.5M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

546.7% of 30.0% limit

What this means for you

Most scholars advise not holding FSP

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Franklin Street Properties Corp.

Franklin Street Properties Corp. (FSP), a company based in Wakefield, Massachusetts, specializes in acquiring and developing office real estate. Its investment focus centers on properties within central business districts (CBDs) and other dense urban "infill" locations across the U.S. Sunbelt and Mountain West areas, as well as carefully selected emerging markets. FSP adopts a value-oriented investment approach, aiming to secure assets that promise both significant long-term growth and capital appreciation, alongside reliable current income. As a Maryland corporation, the firm is structured and managed to meet the necessary criteria for classification as a Real Estate Investment Trust (REIT) under federal income tax law.

Sector: Real Estate · Industry: REIT - Office

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Franklin Street Properties Corp. (FSP) halal to invest in?
Franklin Street Properties Corp. (FSP) 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 Franklin Street Properties Corp. get a F compliance rating?
Franklin Street Properties Corp. (FSP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 546.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Franklin Street Properties Corp.'s Shariah verdict?
Franklin Street Properties Corp.'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 Franklin Street Properties Corp. re-screened for Shariah compliance?
Franklin Street Properties Corp. (FSP) 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 26, 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.