What is Nuveen Real Estate Income Fund's Shariah compliance score?

Nuveen Real Estate Income Fund's (JRS) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Nuveen Real Estate Income Fund pass AAOIFI screening?

Nuveen Real Estate Income Fund (JRS) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (JRS: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Nuveen Real Estate Income Fund stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Nuveen Real Estate Income Fund (JRS) using the latest financial data.

Where can I screen Nuveen Real Estate Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Nuveen Real Estate Income Fund (JRS) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about JRS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

JRS: Is Nuveen Real Estate Income Fund Halal?

Nuveen Real Estate Income Fund

NYSEFinancial ServicesUS

$8.55

+0.00%

Market Cap: 247.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Nuveen Real Estate Income Fund (JRS) halal? Not Halal. Based on AAOIFI screening, Nuveen Real Estate Income Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

70.8% of 5.0% limit

100% of the basket's holdings were screened individually.

About Nuveen Real Estate Income Fund

The Nuveen Real Estate Income Fund (JRS) is a closed-end investment vehicle, sponsored by Nuveen Investments Inc. and sub-advised by Security Capital Research & Management Incorporated. Its primary objective is to invest in publicly traded U.S. equities, with a specific focus on the real estate sector. The fund typically seeks out growth-oriented companies across the entire spectrum of market capitalizations. Established on November 15, 2001, the fund is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket-weighted haram holdings exceed 5% (70.8%)

Basket Composition

100% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

17%

12%

71%

Halal17%

Doubtful12%

Not Halal71%

Unknown0%

Top Holdings

PLDPrologis IncDoubtful7.03%EQIXEquinix IncHalal4.85%DLRDigital Realty Trust IncNot Halal4.42%VTRVentas IncDoubtful4.26%HIWHighwoods Properties IncNot Halal3.82%WELLWelltower IncHalal3.02%STATE STREET BANK AND TRUST COMPANYNot Halal2.59%FRFirst Industrial Realty Trust IncNot Halal2.44%DOCHealthpeak Properties IncNot Halal2.33%FRTFederal Realty Investment TrustNot Halal2.23%

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$398.55

+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track JRS and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Nuveen Real Estate Income Fund (JRS) halal to invest in?

Nuveen Real Estate Income Fund (JRS) 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 Nuveen Real Estate Income Fund get a F compliance rating?

Nuveen Real Estate Income Fund's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change Nuveen Real Estate Income Fund's Shariah verdict?

Nuveen Real Estate Income Fund's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is Nuveen Real Estate Income Fund re-screened for Shariah compliance?

Nuveen Real Estate Income Fund (JRS) 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: Aug 26, 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.