Is INDEPENDENCE REALTY TRUST, INC. (IRT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 56.5% / 30% | 0.6% / 30% | 0.0% / 30% | 2.35% / 5% | ✗ NOT HALAL |
| DJIM | 56.5% / 33% | 0.6% / 33% | 0.0% / 33% | 2.35% / 5% | ✗ NOT HALAL |
| MSCI | 37.9% / 33% | 0.4% / 33% | 0.0% / 33% | 2.35% / 5% | ✗ NOT HALAL |
| S&P | 56.5% / 33% | 0.6% / 33% | 0.0% / 33% | 2.35% / 5% | ✗ NOT HALAL |
| FTSE | 37.9% / 33% | 0.4% / 33% | 0.0% / 50% | 2.35% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 61.1% | |
| Operating Margin | 22.4% | |
| Net Margin | 8.5% | |
| Return on Equity (ROE) | 1.6% | |
| Return on Assets (ROA) | 1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $282M |
| Free Cash Flow | $128M |
| Total Debt | $2.3B |
| Debt-to-Equity | 63.7 |
| Current Ratio | 0.3 |
| Total Assets | $6.0B |
Price & Trading
| Last Close | $14.83 |
| 50-Day MA | $16.33 |
| 200-Day MA | $16.87 |
| Avg Volume | 2.8M |
| Beta | 1.0 |
|
52-Week Range
$14.68
| |
About INDEPENDENCE REALTY TRUST, INC. (IRT)
Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. In addition, as of December 31, 2025, we owned one investment in real estate under development in Denver, Colorado that will, upon completion, contain 296 units. As of December 31, 2025, we also owned interests in four unconsolidated joint ventures, two of which own and operate multifamily apartment properties that contain an aggregate of 653 units and two that are developing multifamily apartment properties that will, upon completion, contain an aggregate of 642 units. Independence Realty Trust, Inc. was incorporated in 2009 in Maryland, USA.
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Frequently Asked Questions
Is INDEPENDENCE REALTY TRUST, INC. (IRT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), INDEPENDENCE 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 INDEPENDENCE REALTY TRUST, INC.'s debt ratio?
INDEPENDENCE REALTY TRUST, INC.'s debt ratio is 56.5% 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 37.9%.
What are INDEPENDENCE REALTY TRUST, INC.'s key financial metrics?
INDEPENDENCE REALTY TRUST, INC. has a market capitalization of $3.6B, trailing P/E ratio of 61.5, and revenue of $658M. The company maintains a gross margin of 61.1% and a net margin of 8.5%. Return on equity stands at 1.6%.
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.