Urban Edge Properties

UE: Is Urban Edge Properties Halal?

Urban Edge Properties

NYSEReal EstateUS

$23.63

+3.87%

Market Cap: 3.0B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

56.0% of 30.0% limit

What this means for you

Most scholars advise not holding UE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Urban Edge Properties

Urban Edge Properties functions as a Real Estate Investment Trust (REIT) whose shares are publicly traded on the New York Stock Exchange. The firm is dedicated to the procurement, stewardship, enhancement, and modernization of retail properties situated in urban environments, with a significant emphasis on the dynamic New York metropolitan region. Its extensive portfolio comprises 78 distinct retail assets, collectively spanning a substantial 15.1 million square feet of total leasable space.

Sector: Real Estate · Industry: REIT - Diversified

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

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: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Urban Edge Properties (UE) halal to invest in?
Urban Edge Properties (UE) 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 Urban Edge Properties get a F compliance rating?
Urban Edge Properties (UE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 56.0% (limit 30%); interest-bearing deposits of 1.4% (limit 30%); prohibited income of 0.51% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Urban Edge Properties's Shariah verdict?
Urban Edge Properties'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 Urban Edge Properties re-screened for Shariah compliance?
Urban Edge Properties (UE) 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.