Is Broadstone Net Lease, Inc. (BNL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 65.6% / 30% | 0.8% / 30% | 4.8% / 30% | 0.09% / 5% | ✗ NOT HALAL |
| DJIM | 65.6% / 33% | 0.8% / 33% | 4.8% / 33% | 0.09% / 5% | ✗ NOT HALAL |
| MSCI | 43.9% / 33% | 0.5% / 33% | 3.2% / 33% | 0.09% / 5% | ✗ NOT HALAL |
| S&P | 65.6% / 33% | 0.8% / 33% | 4.8% / 33% | 0.09% / 5% | ✗ NOT HALAL |
| FTSE | 43.9% / 33% | 0.5% / 33% | 3.2% / 50% | 0.09% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 94.9% | |
| Operating Margin | 51.2% | |
| Net Margin | 21.2% | |
| Return on Equity (ROE) | 3.2% | |
| Return on Assets (ROA) | 2.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $299M |
| Free Cash Flow | $270M |
| Total Debt | $2.5B |
| Debt-to-Equity | 83.1 |
| Current Ratio | 2.3 |
| Total Assets | $5.7B |
Price & Trading
| Last Close | $18.67 |
| 50-Day MA | $18.99 |
| 200-Day MA | $17.88 |
| Avg Volume | 1.8M |
| Beta | 1.0 |
|
52-Week Range
$13.96
| |
About Broadstone Net Lease, Inc. (BNL)
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We primarily, and selectively, invest in real estate across industrial and retail property types. We target properties with credit-worthy tenants in industries characterized by positive business drivers and trends, where the properties are an integral part of the tenant's business and there are opportunities to secure long-term net leases. Through long-term net leases, our tenants can retain operational control of their strategically important locations, while allocating their debt and equity capital to fund core business operations rather than real estate ownership. Broadstone Net Lease, Inc. was incorporated on October 18th, 2017 in Maryland, USA.
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Frequently Asked Questions
Is Broadstone Net Lease, Inc. (BNL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Broadstone Net Lease, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Broadstone Net Lease, Inc.'s debt ratio?
Broadstone Net Lease, Inc.'s debt ratio is 65.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 43.9%.
What are Broadstone Net Lease, Inc.'s key financial metrics?
Broadstone Net Lease, Inc. has a market capitalization of $3.7B, trailing P/E ratio of 36.9, and revenue of $454M. The company maintains a gross margin of 94.9% and a net margin of 21.2%. Return on equity stands at 3.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.