IRSA Inversiones y Representaciones Sociedad Anónima

IRS: Is IRSA Inversiones y Representaciones Sociedad Anónima Halal?

IRSA Inversiones y Representaciones Sociedad Anónima

NYSEReal EstateAR

$14.70

-0.41%

Market Cap: 1.1B

Compliance Status

Doubtful

Screened on Sep 2, 2026 · AAOIFI Standard 21

B

Acceptable

66Score

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.

Passed

Company debt

Close to the limit

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

25.9% of 30.0% limit

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

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. Under Review

    until the change above

  3. Not Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is IRSA Inversiones y Representaciones Sociedad Anónima (IRS) halal to invest in?
IRSA Inversiones y Representaciones Sociedad Anónima (IRS) 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 IRSA Inversiones y Representaciones Sociedad Anónima get a B compliance rating?
IRSA Inversiones y Representaciones Sociedad Anónima (IRS) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 25.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change IRSA Inversiones y Representaciones Sociedad Anónima's Shariah verdict?
IRSA Inversiones y Representaciones Sociedad Anónima'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 IRSA Inversiones y Representaciones Sociedad Anónima re-screened for Shariah compliance?
IRSA Inversiones y Representaciones Sociedad Anónima (IRS) 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: Sep 2, 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.