IRSA Inversiones y Representaciones Sociedad Anónima

IRS: Is IRSA Inversiones y Representaciones Sociedad Anónima Halal?

IRSA Inversiones y Representaciones Sociedad Anónima

NYSEIndustrialsAR

$15.14

-1.69%

Market Cap: 1.2B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is IRSA Inversiones y Representaciones Sociedad Anónima (IRS) halal? Not Halal. Based on AAOIFI screening, IRSA Inversiones y Representaciones Sociedad Anónima 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%.

38922.2% of 30.0% limit

What this means for you

Most scholars advise not holding IRS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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: Industrials · Industry: Conglomerates

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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 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 IRSA Inversiones y Representaciones Sociedad Anónima get a F compliance rating?
IRSA Inversiones y Representaciones Sociedad Anónima (IRS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 38922.2% (limit 30%); interest-bearing deposits of 15899.7% (limit 30%); prohibited income of 0.73% (limit 5%). 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: 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.