Is INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 25.7% / 30% | 3.1% / 30% | 7.8% / 30% | 5.38% / 5% | ✗ NOT HALAL |
| DJIM | 25.7% / 33% | 3.1% / 33% | 7.8% / 33% | 5.38% / 5% | ✗ NOT HALAL |
| MSCI | 16.6% / 33% | 2.0% / 33% | 5.0% / 33% | 5.38% / 5% | ✗ NOT HALAL |
| S&P | 25.7% / 33% | 3.1% / 33% | 7.8% / 33% | 5.38% / 5% | ✗ NOT HALAL |
| FTSE | 16.6% / 33% | 2.0% / 33% | 5.0% / 50% | 5.38% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 88.7% | |
| Operating Margin | 51.3% | |
| Net Margin | 44.5% | |
| Return on Equity (ROE) | 6.2% | |
| Return on Assets (ROA) | 3.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $198M |
| Free Cash Flow | $198M |
| Total Debt | $393M |
| Debt-to-Equity | 21.3 |
| Current Ratio | 0.2 |
| Total Assets | $2.4B |
Price & Trading
| Last Close | $52.09 |
| 50-Day MA | $50.55 |
| 200-Day MA | $52.57 |
| Avg Volume | 331K |
| Beta | 1.5 |
|
52-Week Range
$44.58
| |
About INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland, USA.
Related Halal Stocks in Real Estate
Frequently Asked Questions
Is INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), INNOVATIVE INDUSTRIAL PROPERTIES 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 INNOVATIVE INDUSTRIAL PROPERTIES INC's debt ratio?
INNOVATIVE INDUSTRIAL PROPERTIES INC's debt ratio is 25.7% 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 16.6%.
What are INNOVATIVE INDUSTRIAL PROPERTIES INC's key financial metrics?
INNOVATIVE INDUSTRIAL PROPERTIES INC has a market capitalization of $1.4B, trailing P/E ratio of 13.0, and revenue of $266M. The company maintains a gross margin of 88.7% and a net margin of 44.5%. Return on equity stands at 6.2%.
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.