What is NexPoint Real Estate Finance, Inc.'s Shariah compliance score?

NexPoint Real Estate Finance, Inc.'s (NREF) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does NexPoint Real Estate Finance, Inc. pass AAOIFI screening?

NexPoint Real Estate Finance, Inc. (NREF) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (NREF: 1389.2%), (3) interest-bearing deposits below 30% (NREF: 9.7%), and (4) prohibited income below 5% (NREF: 71.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for NexPoint Real Estate Finance, Inc. stock?

NexPoint Real Estate Finance, Inc. (NREF) has a non-permissible income ratio of 71.31%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NREF shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen NexPoint Real Estate Finance, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NexPoint Real Estate Finance, Inc. (NREF) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NREF's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NREF: Is NexPoint Real Estate Finance, Inc. Halal?

NexPoint Real Estate Finance, Inc.

NYSEReal EstateUS

$17.04

+0.89%

Market Cap: 321.2M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is NexPoint Real Estate Finance, Inc. (NREF) halal? Not Halal. Based on AAOIFI screening, NexPoint Real Estate Finance, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

1389.2% of 30.0% limit

What this means for you

Most scholars advise not holding NREF

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc. (NREF) is a U.S.-based real estate finance firm. Its core activities involve the origination, structuring, and investment in a diverse range of real estate-backed financial products. These encompass senior mortgage debt, mezzanine debt, preferred equity, preferred stock, and securitized multifamily commercial mortgage-backed securities. The company aims to qualify as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes. This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2019, NREF is headquartered in Dallas, Texas.

Sector: Real Estate · Industry: REIT - Mortgage

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: REIT - Mortgage

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data 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:

HBNBA+

Hotel101 Global Holdings Corp. Class A Ordinary Shares

$5.85

+2.82%

GMREA+

Global Medical REIT Inc.

$35.74

-1.24%

MLPA+

Maui Land & Pineapple Company, Inc.

$17.21

+3.86%

NNNA+

NNN REIT, Inc.

$49.22

+3.80%

AHRA+

American Healthcare REIT, Inc.

$53.84

-1.43%

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.

Free · No credit card required

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Frequently Asked Questions

Is NexPoint Real Estate Finance, Inc. (NREF) halal to invest in?

NexPoint Real Estate Finance, Inc. (NREF) 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 NexPoint Real Estate Finance, Inc. get a F compliance rating?

NexPoint Real Estate Finance, Inc. (NREF) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1389.2% (limit 30%); interest-bearing deposits of 9.7% (limit 30%); prohibited income of 71.31% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change NexPoint Real Estate Finance, Inc.'s Shariah verdict?

NexPoint Real Estate Finance, 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 NexPoint Real Estate Finance, Inc. re-screened for Shariah compliance?

NexPoint Real Estate Finance, Inc. (NREF) 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 17, 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.