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Compliance Status

Not Halal

Screened on Oct 10, 2026 · AAOIFI Standard 21 look-through

F

Non-Compliant

0Score

Is Neuberger Real Estate Securities Income Fund Inc (NRO) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Neuberger Real Estate Securities Income Fund Inc has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Neuberger Real Estate Securities Income Fund Inc (NRO) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 10, 2026. Source: https://halalscreener.app/en/stock/NRO

Basket rule

Over the limit

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

58.3% of 5.0% limit

89% of the basket's holdings were screened individually.

Neuberger Real Estate Securities Income Fund Inc

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

Neuberger Real Estate Securities Income Fund Inc

AMEXFinancial ServicesUS

$2.58

Market Cap: 163.5M

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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 21 look-throughUpdated Oct 10, 2026

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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% (58.3%)

Basket Composition

89% 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.

19%
12%
58%
11%
Halal19%
Doubtful12%
Not Halal58%
Unknown11%
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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Sep 2026.

No status changes recorded since we began tracking.

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

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

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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 by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.
Why did Neuberger Real Estate Securities Income Fund Inc get a F compliance rating?
Neuberger Real Estate Securities Income Fund Inc's grade of F (Non-Compliant) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.
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 is re-screened as its published holdings change. Last screened: Oct 10, 2026.

Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.