Is Greystone Housing Impact Investors LP (GHI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Mortgage Finance | ✗ NOT HALAL | |||
| DJIM | Excluded — Mortgage Finance | ✗ NOT HALAL | |||
| MSCI | Excluded — Mortgage Finance | ✗ NOT HALAL | |||
| S&P | Excluded — Mortgage Finance | ✗ NOT HALAL | |||
| FTSE | Excluded — Mortgage Finance | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 13.9% | |
| Net Margin | -30.9% | |
| Return on Equity (ROE) | -2.0% | |
| Return on Assets (ROA) | -0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $18M |
| Free Cash Flow | $18M |
| Total Debt | $1.2B |
| Debt-to-Equity | 289.2 |
| Current Ratio | 0.9 |
| Total Assets | $1.6B |
Price & Trading
| Last Close | $4.91 |
| 50-Day MA | $7.31 |
| 200-Day MA | $8.93 |
| Avg Volume | 118K |
| Beta | 0.6 |
|
52-Week Range
$4.79
| |
About Greystone Housing Impact Investors LP (GHI)
Greystone Housing Impact Investors LP acquires, holds, sells, and deals mortgage revenue bonds that are issued to provide construction and permanent financing for multifamily, student housing, residential properties, and commercial properties in the United States. It operates through four segments: Affordable Multifamily Investments; Seniors and Skilled Nursing Investments; Market-Rate Joint Venture Investments; and MF Properties. The company also invests in governmental issuer loans. The company was formerly known as America First Multifamily Investors, L.P. and changed its name to Greystone Housing Impact Investors LP in December 2022. Greystone Housing Impact Investors LP was incorporated in 1998 and is based in Omaha, Nebraska.
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Frequently Asked Questions
Is Greystone Housing Impact Investors LP (GHI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Greystone Housing Impact Investors LP 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 Greystone Housing Impact Investors LP's debt ratio?
Greystone Housing Impact Investors LP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Greystone Housing Impact Investors LP's key financial metrics?
Greystone Housing Impact Investors LP has a market capitalization of $116M, and revenue of $40M. The company maintains a gross margin of 100.0% and a net margin of -30.9%. Return on equity stands at -2.0%.
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.