What is Belpointe PREP, LLC's Shariah compliance score?

Belpointe PREP, LLC (OZ) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). 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 Belpointe PREP, LLC pass AAOIFI screening?

Belpointe PREP, LLC (OZ) does not pass 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%. OZ's debt-to-market-cap is 178.3%.

How much purification is needed for Belpointe PREP, LLC?

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 Belpointe PREP, LLC (OZ) using the latest financial data.

Where can I screen Belpointe PREP, LLC for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Belpointe PREP, LLC (OZ) 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.

OZNot HalalF

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Compliance Status

Not Halal

Screened on Oct 9, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Belpointe PREP, LLC (OZ) halal? Not Halal. Based on AAOIFI screening, Belpointe PREP, LLC passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Belpointe PREP, LLC (OZ) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 9, 2026. Source: https://halalscreener.app/en/stock/OZ

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

178.3% 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.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding OZ

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

OZ: Is Belpointe PREP, LLC Halal?

Belpointe PREP, LLC

AMEXReal EstateUS

$37.07

Market Cap: 144.5M

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About Belpointe PREP, LLC

Belpointe PREP, LLC specializes in the entire lifecycle of commercial real estate properties across the United States, from their initial identification and acquisition to their development, redevelopment, and ongoing management. Furthermore, the company's strategic focus extends to investing in and overseeing a diverse portfolio of real estate-related assets. This includes property-backed loans and mortgages, debt and equity instruments issued by other real estate enterprises, private equity investments, and the tactical acquisition of qualified opportunity funds and businesses within opportunity zones. Belpointe PREP, LLC was founded in 2020 and is headquartered in Greenwich, Connecticut.

Sector: Real Estate · Industry: Real Estate - Development

Why this does not pass

Interest-bearing debt is 178.3% of market cap, over the 30% AAOIFI limit.
Income from prohibited sources is over the 5% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 9, 2026

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Institutional-grade Shariah analysis

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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.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Real Estate

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

5106.KLA+

Axis Real Estate Investment Trust

$1.83

-0.01%

5116.KLA+

Al-'Aqar Healthcare REIT

$1.17

+0.02%

5269.KLA+

Al-Salam Real Estate Investment Trust

$0.59

+0.01%

5307.KLA+

AME Real Estate Investment Trust

$1.62

+0.07%

7249.KLA+

Skygate Solutions Berhad

$0.87

+0.02%

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Frequently Asked Questions

Is Belpointe PREP, LLC (OZ) halal to invest in?

Belpointe PREP, LLC (OZ) 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 Belpointe PREP, LLC get a F compliance rating?

Belpointe PREP, LLC (OZ) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 178.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Belpointe PREP, LLC's Shariah verdict?

Belpointe PREP, LLC'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 Belpointe PREP, LLC re-screened for Shariah compliance?

Belpointe PREP, LLC (OZ) 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: Oct 9, 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.