LXP Industrial Trust

LXP: Is LXP Industrial Trust Halal?

LXP Industrial Trust

NYSEReal EstateUS

$55.56

+1.83%

Market Cap: 3.3B

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is LXP Industrial Trust (LXP) halal? Not Halal. Based on AAOIFI screening, LXP Industrial Trust passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates LXP Industrial Trust (LXP) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/LXP

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%.

37.7% of 30.0% limit

What this means for you

Most scholars advise not holding LXP

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About LXP Industrial Trust

LXP Industrial Trust, identified by its NYSE ticker LXP, functions as a publicly traded real estate investment trust (REIT). Its core holdings encompass a nationwide portfolio of industrial properties, primarily consisting of equity stakes in single-tenant assets under net-lease agreements. The trust is actively engaged in expanding its industrial property footprint through a variety of strategies, including custom build-to-suit developments, sale-leaseback arrangements, and direct acquisitions.

Sector: Real Estate · Industry: REIT - Industrial

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Under Review

    until the change above

  3. 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 LXP Industrial Trust (LXP) halal to invest in?
LXP Industrial Trust (LXP) 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 LXP Industrial Trust get a F compliance rating?
LXP Industrial Trust (LXP) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 37.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change LXP Industrial Trust's Shariah verdict?
LXP Industrial Trust'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 LXP Industrial Trust re-screened for Shariah compliance?
LXP Industrial Trust (LXP) 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: Sep 2, 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.