Does Neuberger Real Estate Securities Income Fund Inc pass AAOIFI screening?

Neuberger Real Estate Securities Income Fund Inc (NRO) 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% (NRO: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Neuberger Real Estate Securities Income Fund Inc stock?

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 exact percentage and amount for Neuberger Real Estate Securities Income Fund Inc (NRO) using the latest financial data.

Where can I screen Neuberger Real Estate Securities Income Fund Inc for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Neuberger Real Estate Securities Income Fund Inc (NRO) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NRO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NRO: Is Neuberger Real Estate Securities Income Fund Inc Halal?

Neuberger Real Estate Securities Income Fund Inc

AMEXFinancial ServicesUS

$2.98

+1.02%

Market Cap: 188.8M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

61.5% of 5.0% limit

93% of the basket's holdings were screened individually.

About Neuberger Real Estate Securities Income Fund Inc

Seeking both capital appreciation and ongoing income, the Neuberger Real Estate Securities Income Fund, Inc. functions as a closed-end investment fund or trust. This entity was established on August 28, 2003, and maintains its headquarters in New York, NY.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

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

Basket-weighted haram holdings exceed 5% (61.5%)

Basket Composition

93% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

23%

62%

Halal23%

Doubtful9%

Not Halal62%

Unknown6%

Top Holdings

WELLWelltower IncHalal5.56%PLDPrologis IncDoubtful5.06%EQIXEquinix IncHalal4.83%AMTAmerican Tower CorpNot Halal3.99%DLRDigital Realty Trust IncNot Halal3.05%SPGSimon Property Group IncNot Halal2.50%AVBAvalonBay Communities IncNot Halal2.46%VTRVentas IncDoubtful2.44%AGNCAGNC Investment CorpNot Halal2.44%HIWHIGHWOODS PROPERTIESNot Halal2.20%

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

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

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SLVA+

iShares Silver Trust

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PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Frequently Asked Questions

Is Neuberger Real Estate Securities Income Fund Inc (NRO) halal to invest in?

Neuberger Real Estate Securities Income Fund Inc (NRO) 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 Neuberger Real Estate Securities Income Fund Inc get a F compliance rating?

Neuberger Real Estate Securities Income Fund Inc's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change Neuberger Real Estate Securities Income Fund Inc's Shariah verdict?

Neuberger Real Estate Securities Income Fund Inc's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is Neuberger Real Estate Securities Income Fund Inc re-screened for Shariah compliance?

Neuberger Real Estate Securities Income Fund Inc (NRO) 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: Aug 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.