The St. Joe Company

JOE: Is The St. Joe Company Halal?

The St. Joe Company

NYSEReal EstateUS

$61.53

+0.03%

Market Cap: 3.5B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A

Very Good

86Score

Is The St. Joe Company (JOE) halal? Halal. Based on AAOIFI screening, The St. Joe Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 86/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

11.1% of 30.0% limit

What this means for you

You can own JOE

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.6% of your income from JOE

That is about $0.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About The St. Joe Company

The St. Joe Company, along with its affiliated entities, functions as a real estate development, asset management, and operational enterprise, primarily located in Northwest Florida. Its business activities are organized into three primary divisions: Residential, Hospitality, and Commercial. The Residential segment focuses on conceptualizing and constructing various-sized residential communities for either professional homebuilders or direct consumers. It mainly offers developed building lots and tracts of land, which may or may not be already entitled. Through its Hospitality segment, the company owns and operates diverse assets including an exclusive membership club, golf courses, beach facilities, retail outlets, marinas, and other entertainment venues. This division also manages hotels, food and beverage services, and beachfront vacation rentals, in addition to providing management services. The Commercial segment is involved in leasing various properties such as commercial spaces, multi-family units, a senior living community, and other assets. Furthermore, it undertakes the planning, development, entitlement, management, and sale of commercial land suitable for retail, office, hotel, senior living, multi-family, self-storage, and industrial applications. This segment also engages in the cultivation and sale of forestry products like pulpwood and sawtimber. A significant aspect of the company is its ownership of 170,000 acres of land throughout Northwest Florida. Founded in 1936, The St. Joe Company is headquartered in Panama City Beach, Florida.

Sector: Real Estate · Industry: Real Estate - Diversified

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is The St. Joe Company (JOE) halal to invest in?
Based on AAOIFI Standard 21 screening, The St. Joe Company (JOE) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did The St. Joe Company get a A compliance rating?
The St. Joe Company (JOE) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.1% (limit 30%); interest-bearing deposits of 2.7% (limit 30%); prohibited income of 0.57% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change The St. Joe Company's Shariah verdict?
The St. Joe Company'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 The St. Joe Company re-screened for Shariah compliance?
The St. Joe Company (JOE) 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.