Newmark Group, Inc.

NMRK: Is Newmark Group, Inc. Halal?

Newmark Group, Inc.

NASDAQReal EstateUS

$15.72

+1.62%

Market Cap: 2.5B

Compliance Status

Doubtful

Screened on Jul 19, 2026 · AAOIFI Standard 21

B+

Good

71Score

Is Newmark Group, Inc. (NMRK) halal? Doubtful. Based on AAOIFI screening, Newmark Group, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 71/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

28.3% of 30.0% limit

What this means for you

You may own NMRK, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

About Newmark Group, Inc.

Newmark Group, Inc., a venerable New York City-based enterprise established in 1929, offers a full spectrum of commercial property services both domestically within the United States and across international markets. The company’s diverse service portfolio is designed to assist two primary client segments. For real estate investors and property owners, Newmark provides extensive capital markets assistance, covering investment strategies, debt and structured financing, and the sale of loan portfolios. Further offerings for this group include agency leasing, professional property management, specialized valuation and advisory support, thorough commercial real estate due diligence, government-sponsored enterprise (GSE) financing, loan servicing, mortgage brokering, and capital raising solutions. Conversely, for corporate occupiers and tenants, the firm’s services focus on tenant representation, advanced real estate management technology, strategic workplace and occupancy planning, global corporate consulting, project oversight, account and transaction management, lease administration, and integrated facilities management. Newmark caters to a broad clientele, encompassing commercial real estate tenants, private and institutional investors, property owners, developers, corporate occupiers, financial lenders, and multinational corporations. Demonstrating its global footprint, the company operated approximately 160 offices spread across four continents as of December 31, 2021. The firm adopted its current name, Newmark Group, Inc., in October 2017, having formerly been known as Newmark Knight Frank.

Sector: Real Estate · Industry: Real Estate - Services

Why This Stock Is Doubtful

  • Debt is 28.3% of market cap, only 1.7 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. 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 Newmark Group, Inc. (NMRK) halal to invest in?
Newmark Group, Inc. (NMRK) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Newmark Group, Inc. get a B+ compliance rating?
Newmark Group, Inc. (NMRK) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.3% (limit 30%); interest-bearing deposits of 6.6% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Newmark Group, Inc.'s Shariah verdict?
Newmark Group, Inc.'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 Newmark Group, Inc. re-screened for Shariah compliance?
Newmark Group, Inc. (NMRK) 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: Jul 19, 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.