Is NUVEEN REAL ESTATE INCOME FUND (JRS) 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 | 74.4% | |
| Net Margin | -31.6% | |
| Return on Equity (ROE) | -1.7% | |
| Return on Assets (ROA) | 1.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $2M |
| Total Debt | $117M |
| Debt-to-Equity | 45.1 |
| Current Ratio | 0.1 |
| Total Assets | $381M |
Price & Trading
| Last Close | $7.35 |
| 50-Day MA | $7.84 |
| 200-Day MA | $7.87 |
| Avg Volume | 89K |
| Beta | 1.2 |
|
52-Week Range
$6.56
| |
About NUVEEN REAL ESTATE INCOME FUND (JRS)
Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc. The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector. It typically invests in growth stocks of companies operating across all market capitalizations. Nuveen Real Estate Income Fund was formed on November 15, 2001 and is domiciled in the United States.
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Frequently Asked Questions
Is NUVEEN REAL ESTATE INCOME FUND (JRS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NUVEEN 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 NUVEEN REAL ESTATE INCOME FUND's debt ratio?
NUVEEN 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 NUVEEN REAL ESTATE INCOME FUND's key financial metrics?
NUVEEN REAL ESTATE INCOME FUND has a market capitalization of $207M, and revenue of $26M. The company maintains a gross margin of 100.0% and a net margin of -31.6%. Return on equity stands at -1.7%.
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.