Lead Real Estate Co., Ltd American Depositary Shares

LRE: Is Lead Real Estate Co., Ltd American Depositary Shares Halal?

Lead Real Estate Co., Ltd American Depositary Shares

NASDAQReal EstateJP

$1.31

-0.08%

Market Cap: 17.9M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Lead Real Estate Co., Ltd American Depositary Shares (LRE) halal? Not Halal. Based on AAOIFI screening, Lead Real Estate Co., Ltd American Depositary Shares 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%.

457.7% of 30.0% limit

What this means for you

Most scholars advise not holding LRE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Lead Real Estate Co., Ltd American Depositary Shares

Lead Real Estate Co., Ltd (LRE) focuses on the development and sale of upscale residential properties, which include both detached houses and condominium complexes. The company further extends its operations to managing hotels in Tokyo and offering apartment units for lease in various locations across Japan and in Dallas, Texas. Established in 2001, its corporate headquarters are located in Tokyo, Japan.

Sector: Real Estate · Industry: Real Estate - Development

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Lead Real Estate Co., Ltd American Depositary Shares (LRE) halal to invest in?
Lead Real Estate Co., Ltd American Depositary Shares (LRE) 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 Lead Real Estate Co., Ltd American Depositary Shares get a F compliance rating?
Lead Real Estate Co., Ltd American Depositary Shares (LRE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 457.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Lead Real Estate Co., Ltd American Depositary Shares's Shariah verdict?
Lead Real Estate Co., Ltd American Depositary Shares'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 Lead Real Estate Co., Ltd American Depositary Shares re-screened for Shariah compliance?
Lead Real Estate Co., Ltd American Depositary Shares (LRE) 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.