Is CBRE GLOBAL REAL ESTATE INCOME FUND (IGR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 67.4% | |
| Net Margin | 41.7% | |
| Return on Equity (ROE) | 2.4% | |
| Return on Assets (ROA) | 1.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $33M |
| Free Cash Flow | $33M |
| Total Debt | $348M |
| Debt-to-Equity | 48.0 |
| Current Ratio | 0.0 |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $4.23 |
| 50-Day MA | $4.73 |
| 200-Day MA | $4.85 |
| Avg Volume | 1.1M |
| Beta | 1.4 |
|
52-Week Range
$4.15
| |
About CBRE GLOBAL REAL ESTATE INCOME FUND (IGR)
CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia. The fund seeks to invest in stocks of companies operating across the real estate sector including REITs. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis to create its portfolio. It conducts in-house research to make its investments.
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Frequently Asked Questions
Is CBRE GLOBAL REAL ESTATE INCOME FUND (IGR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CBRE GLOBAL REAL ESTATE INCOME FUND 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 CBRE GLOBAL REAL ESTATE INCOME FUND's debt ratio?
CBRE GLOBAL REAL ESTATE INCOME FUND's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are CBRE GLOBAL REAL ESTATE INCOME FUND's key financial metrics?
CBRE GLOBAL REAL ESTATE INCOME FUND has a market capitalization of $630M, trailing P/E ratio of 34.7, and revenue of -$53M. The company maintains a gross margin of 100.0% and a net margin of 41.7%. Return on equity stands at 2.4%.
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.