
IRS: Is IRSA Inversiones y Representaciones Sociedad Anónima Halal?
IRSA Inversiones y Representaciones Sociedad Anónima
$14.70
-0.41%
Market Cap: 1.1B
Compliance Status
Doubtful
Screened on Sep 2, 2026 · AAOIFI Standard 21
Acceptable
Is IRSA Inversiones y Representaciones Sociedad Anónima (IRS) halal? Doubtful. Based on AAOIFI screening, IRSA Inversiones y Representaciones Sociedad Anónima passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 66/100 (Grade: B).
Quote this verdict
HalalScreener rates IRSA Inversiones y Representaciones Sociedad Anónima (IRS) Doubtful, 66/100, grade B under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/IRS
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own IRS, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened IRS's prohibited income, but the exact share you would need to purify is part of Pro.
About IRSA Inversiones y Representaciones Sociedad Anónima
IRSA Inversiones y Representaciones Sociedad Anónima, or IRSA, operates an extensive portfolio of real estate businesses across Argentina. The company's core operations involve the purchase, construction, and management of diverse properties, including retail centers, office buildings, and various other commercial sites, primarily for generating rental income. Beyond this, IRSA also develops and markets residential units, acquires and oversees luxury hotel properties, and procures undeveloped land reserves for future construction projects or eventual sale. Founded in 1943, the firm maintains its main office in Buenos Aires, Argentina, and operates as a subsidiary of Cresud Sociedad Anónima Comercial.
Sector: Real Estate · Industry: Real Estate - Diversified
Why This Stock Is Doubtful
- Debt is 25.9% of market cap, only 4.1 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
Compliance History
Doubtfulnow
since Aug 2026
Under Review
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is IRSA Inversiones y Representaciones Sociedad Anónima (IRS) halal to invest in?
Why did IRSA Inversiones y Representaciones Sociedad Anónima get a B compliance rating?
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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.