Does Lead Real Estate Co., Ltd American Depositary Shares pass AAOIFI screening?

Lead Real Estate Co., Ltd American Depositary Shares (LRE) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. LRE's debt-to-market-cap is 738.4%.

How much purification is needed for Lead Real Estate Co., Ltd American Depositary Shares?

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 percentage and amount for Lead Real Estate Co., Ltd American Depositary Shares (LRE) using the latest financial data.

Where can I screen Lead Real Estate Co., Ltd American Depositary Shares for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Lead Real Estate Co., Ltd American Depositary Shares (LRE) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

LRENot HalalF

Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 5, 2026 · AAOIFI Standard 21

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).

Quote this verdict

HalalScreener rates Lead Real Estate Co., Ltd American Depositary Shares (LRE) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 5, 2026. Source: https://halalscreener.app/en/stock/LRE

AvoidBorderlineClean

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%.

738.4% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

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

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

Lead Real Estate Co., Ltd American Depositary Shares

NASDAQReal EstateJP

$1.13

Market Cap: 15.4M

Screened on a market cap of 2.4B

Get an email if LRE's halal status changes

We re-screen Lead Real Estate Co., Ltd American Depositary Shares daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

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

Why this does not pass

Interest-bearing debt is 738.4% of market cap, over the 30% AAOIFI limit.
Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 5, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

Free for 7 days. Cancel anytime.

Card needed, nothing charged today

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why LRE is rated Not Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

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 2026Data source: FMP

Halal Alternatives in Real Estate

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

5106.KLA+

Axis Real Estate Investment Trust

$1.83

-0.01%

5116.KLA+

Al-'Aqar Healthcare REIT

$1.17

+0.02%

5269.KLA+

Al-Salam Real Estate Investment Trust

$0.59

+0.01%

5307.KLA+

AME Real Estate Investment Trust

$1.62

+0.07%

7249.KLA+

Skygate Solutions Berhad

$0.87

+0.02%

More Real Estate Stocks

PLD

Prologis, Inc.

B+

PSA

Public Storage

DLR

Digital Realty Trust, Inc.

Realty Income Corporation

SPG

Simon Property Group, Inc.

WELL

Welltower Inc.

B+

Free · No credit card required

Know the day LRE's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

Get Started Free Browse Screener

8,200+ assets AAOIFI standards Free watchlist

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 738.4% (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: Oct 5, 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.