
WSR: Is Whitestone REIT Halal?
Whitestone REIT
$18.99
+0.00%
Market Cap: 976.0M
Compliance Status
Not Halal
Screened on Sep 3, 2026 · AAOIFI Standard 21
Non-Compliant
Is Whitestone REIT (WSR) halal? Not Halal. Based on AAOIFI screening, Whitestone REIT passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Whitestone REIT (WSR) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/WSR
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding WSR
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Whitestone REIT
Whitestone operates as a real estate investment trust (REIT) focused on enhancing local communities through its retail properties. The company strategically acquires, develops, manages, and repositions high-quality, open-air neighborhood retail hubs. Its portfolio is primarily concentrated in the most dynamic, rapidly expanding, and affluent markets across the Sunbelt region. Whitestone's core mission is to cultivate thriving community environments. It achieves this by fostering strong local connections between residents and a thoughtfully curated blend of national, regional, and independent businesses, which collectively offer essential goods, vital services, leisure activities, and unique experiences. For investors, Whitestone provides a reliable monthly dividend, a practice it has maintained consistently for more than 15 years. Underpinning this strategy is a robust and well-managed capital structure. This foundation not only ensures financial stability and flexibility for ongoing growth but also positions the company for resilience and sustained performance across various economic cycles.
Sector: Real Estate · Industry: REIT - Retail
Shariah Compliance Status
Compliance History
Not Halalnow
since Aug 2026
Under Review
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Real Estate
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
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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.



