What is Wheeler Real Estate Investment Trust, Inc.'s Shariah compliance score?

Wheeler Real Estate Investment Trust, Inc.'s (WHLR) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Wheeler Real Estate Investment Trust, Inc. pass AAOIFI screening?

Wheeler Real Estate Investment Trust, Inc. (WHLR) 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% (WHLR: 1122500.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Wheeler Real Estate Investment Trust, 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 Wheeler Real Estate Investment Trust, Inc. (WHLR) using the latest financial data.

Where can I screen Wheeler Real Estate Investment Trust, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Wheeler Real Estate Investment Trust, Inc. (WHLR) and 10,000+ 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 WHLR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

WHLR: Is Wheeler Real Estate Investment Trust, Inc. Halal?

Wheeler Real Estate Investment Trust, Inc.

NASDAQReal EstateUS

$0.36

-1.33%

Market Cap: 39.2K

Compliance Status

Not Halal

Screened on Aug 24, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Wheeler Real Estate Investment Trust, Inc. (WHLR) halal? Not Halal. Based on AAOIFI screening, Wheeler Real Estate Investment Trust, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

1122500.1% of 30.0% limit

What this means for you

Most scholars advise not holding WHLR

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc. (Nasdaq: WHLR), headquartered in Virginia Beach, Virginia, operates as a self-managed and fully integrated commercial real estate investment trust. Its core business centers on the acquisition, leasing, and operation of income-generating retail properties, with a notable focus on grocery-anchored centers. The company cultivates a portfolio of strategically located, potentially dominant retail assets within secondary and tertiary markets, striving to achieve appealing, risk-adjusted returns. Wheeler REIT's common stock, Series B convertible preferred stock, Series D preferred stock, and convertible notes are all publicly traded on the Nasdaq exchange, identified by the symbols WHLR, WHLRP, WHLRD, and WHLRL, respectively.

Sector: Real Estate · Industry: REIT - Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 24, 2026

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:

7249.KLA+

Skygate Solutions Berhad

$0.71

+0.00%

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.

$17.34

-3.02%

XRNA+

Chiron Real Estate Inc.

$36.58

+0.85%

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 Wheeler Real Estate Investment Trust, Inc. (WHLR) halal to invest in?

Wheeler Real Estate Investment Trust, Inc. (WHLR) 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 Wheeler Real Estate Investment Trust, Inc. get a F compliance rating?

Wheeler Real Estate Investment Trust, Inc. (WHLR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1122500.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Wheeler Real Estate Investment Trust, Inc.'s Shariah verdict?

Wheeler Real Estate Investment Trust, 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 Wheeler Real Estate Investment Trust, Inc. re-screened for Shariah compliance?

Wheeler Real Estate Investment Trust, Inc. (WHLR) 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 24, 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.