What is Net Lease Office Properties's Shariah compliance score?

Net Lease Office Properties (NLOP) has a Shariah compliance score of 65/100 (Grade: B, Acceptable). 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%.

Does Net Lease Office Properties pass AAOIFI screening?

Net Lease Office Properties (NLOP) passes 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%. NLOP's debt-to-market-cap is 14.9%.

How much purification is needed for Net Lease Office Properties?

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 Net Lease Office Properties (NLOP) using the latest financial data.

Where can I screen Net Lease Office Properties for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Net Lease Office Properties (NLOP) 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.

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NLOP: Is Net Lease Office Properties Halal?

Net Lease Office Properties

NYSEReal EstateUS

$9.93

Market Cap: 147.1M

Compliance Status

Halal

Screened on Sep 26, 2026 · AAOIFI Standard 21

Acceptable

65Score

Is Net Lease Office Properties (NLOP) halal? Halal. Based on AAOIFI screening, Net Lease Office Properties passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 65/100 (Grade: B).

Quote this verdict

HalalScreener rates Net Lease Office Properties (NLOP) Halal, 65/100, grade B under AAOIFI Standard 21, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/NLOP

AvoidBorderlineClean

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%.

14.9% 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.

Screened according to AAOIFI Standard 21

What this means for you

You can own NLOP

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

Purification amount is Pro

We have screened NLOP's prohibited income, but the exact share you would need to purify is part of Pro.

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We re-screen Net Lease Office Properties daily. If the verdict moves, you hear about it the same day.

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About Net Lease Office Properties

Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.

Sector: Real Estate · Industry: REIT - Office

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 26, 2026

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Institutional-grade Shariah analysis

See why NLOP is rated 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.

Screened according to AAOIFI Standard 21

Compliance History

Halalnow
since Aug 2026
Not Halal
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Net Lease Office Properties (NLOP) halal to invest in?

Based on AAOIFI Standard 21 screening, Net Lease Office Properties (NLOP) is rated Halal with a compliance grade of B (Acceptable). 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 Net Lease Office Properties get a B compliance rating?

Net Lease Office Properties (NLOP) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 14.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Net Lease Office Properties's Shariah verdict?

Net Lease Office Properties'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 Net Lease Office Properties re-screened for Shariah compliance?

Net Lease Office Properties (NLOP) 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 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.