Is FIRST INDUSTRIAL REALTY TRUST INC (FR) Halal?

NYSE Real Estate United States $7.8B
✗ NOT HALAL
Confidence: 90/100
FIRST INDUSTRIAL REALTY TRUST INC (FR) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 31.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. FIRST INDUSTRIAL REALTY TRUST INC operates in the Real Estate sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 31.5%
/ 30%
1.0%
/ 30%
2.4%
/ 30%
3.7%
/ 5%
✗ NOT HALAL
DJIM 31.5%
/ 33%
1.0%
/ 33%
2.4%
/ 33%
3.7%
/ 5%
✓ HALAL
MSCI 45.2%
/ 33%
1.4%
/ 33%
3.4%
/ 33%
3.7%
/ 5%
✗ NOT HALAL
S&P 31.5%
/ 33%
1.0%
/ 33%
2.4%
/ 33%
3.7%
/ 5%
✓ HALAL
FTSE 45.2%
/ 33%
1.4%
/ 33%
3.4%
/ 50%
3.7%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
30.6
Forward: 31.0
EPS
$1.87
Dividend Yield
350.0%
Payout: 95.2%
P/B Ratio
2.8
EV/EBITDA
20.2
EV: $10.2B
Revenue
$727M
Growth: 7.7%
Beta
1.1
Average volatility
Current Ratio
0.5

Profitability

Gross Margin 73.6%
Operating Margin 42.1%
Net Margin 34.0%
Return on Equity (ROE) 9.6%
Return on Assets (ROA) 3.5%

Cash Flow & Balance Sheet

Operating Cash Flow$461M
Free Cash Flow$461M
Total Debt$2.6B
Debt-to-Equity93.3
Current Ratio0.5
Total Assets$5.7B

Price & Trading

Last Close$58.17
50-Day MA$59.70
200-Day MA$54.70
Avg Volume1.1M
Beta1.1
52-Week Range
$40.31
$64.01

About FIRST INDUSTRIAL REALTY TRUST INC (FR)

CEO
Mr. Peter E. Baccile
Employees
151
Sector
Real Estate
Industry
REIT - Industrial
Country
United States
Exchange
NYSE
Market Cap
$7.8B
Currency
USD

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of December 31, 2025. First Industrial Realty Trust, Inc. was incorporated in 1993 in Maryland, USA,

Related Halal Stocks in Real Estate

Frequently Asked Questions

Is FIRST INDUSTRIAL REALTY TRUST INC (FR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FIRST INDUSTRIAL REALTY TRUST 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 FIRST INDUSTRIAL REALTY TRUST INC's debt ratio?

FIRST INDUSTRIAL REALTY TRUST INC's debt ratio is 31.5% 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 45.2%.

What are FIRST INDUSTRIAL REALTY TRUST INC's key financial metrics?

FIRST INDUSTRIAL REALTY TRUST INC has a market capitalization of $7.8B, trailing P/E ratio of 30.6, and revenue of $727M. The company maintains a gross margin of 73.6% and a net margin of 34.0%. Return on equity stands at 9.6%.

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.