Is Innovative Industrial Properties, Inc. (IIPR) halal? Not Halal. Based on AAOIFI screening, Innovative Industrial Properties, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
IIPR โ Is Innovative Industrial Properties, Inc. Halal?
Not HalalInnovative Industrial Properties, Inc.
$57.94
+1.08%
About Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
Sector: Real Estate ยท Industry: REIT - Industrial
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
FailedFinancial ratios must be below AAOIFI thresholds
Compliance History
Not Halal โ unchanged since May 2026.
No status changes recorded since we began tracking.
Tracked since May 2026. Updates automatically on each re-screen.
Financial Overview
Market Cap
1.7B
Price
$57.94
Sector
Real Estate
Industry
REIT - Industrial
Halal Alternatives in Real Estate
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Real Estate Stocks
Track IIPR and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
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.