Is Forestar Group Inc. (FOR) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 61.8% / 30% | 28.7% / 30% | 1.6% / 30% | 0.38% / 5% | ✗ NOT HALAL |
| DJIM | 61.8% / 33% | 28.7% / 33% | 1.6% / 33% | 0.38% / 5% | ✗ NOT HALAL |
| MSCI | 26.0% / 33% | 12.1% / 33% | 0.7% / 33% | 0.38% / 5% | ✓ HALAL |
| S&P | 61.8% / 33% | 28.7% / 33% | 1.6% / 33% | 0.38% / 5% | ✗ NOT HALAL |
| FTSE | 26.0% / 33% | 12.1% / 33% | 0.7% / 50% | 0.38% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 21.6% | |
| Operating Margin | 6.8% | |
| Net Margin | 9.9% | |
| Return on Equity (ROE) | 9.8% | |
| Return on Assets (ROA) | 4.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$198M |
| Free Cash Flow | -$200M |
| Total Debt | $817M |
| Debt-to-Equity | 45.3 |
| Current Ratio | 1.2 |
| Total Assets | $3.1B |
Price & Trading
| Last Close | $25.34 |
| 50-Day MA | $27.01 |
| 200-Day MA | $25.58 |
| Avg Volume | 159K |
| Beta | 1.4 |
|
52-Week Range
$18.00
| |
About Forestar Group Inc. (FOR)
Forestar Group Inc. operates as a residential lot development company in the United States. It acquires land and develops infrastructure for single-family residential communities. The company sells its residential single-family finished lots to local, regional, and national homebuilders. Forestar Group Inc. was incorporated in 2005 and is headquartered in Arlington, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
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Frequently Asked Questions
Is Forestar Group Inc. (FOR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Forestar Group 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 Forestar Group Inc.'s debt ratio?
Forestar Group Inc.'s debt ratio is 61.8% 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 26.0%.
What are Forestar Group Inc.'s key financial metrics?
Forestar Group Inc. has a market capitalization of $1.3B, trailing P/E ratio of 7.6, and revenue of $1.7B. The company maintains a gross margin of 21.6% and a net margin of 9.9%. Return on equity stands at 9.8%.
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.