Is KITE REALTY GROUP TRUST (KRG) Halal?

NYSE Real Estate United States $5.3B
✗ NOT HALAL
Confidence: 90/100
KITE REALTY GROUP TRUST (KRG) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 53.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. KITE REALTY GROUP TRUST operates in the Real Estate sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 53.0%
/ 30%
0.6%
/ 30%
2.2%
/ 30%
28.85%
/ 5%
✗ NOT HALAL
DJIM 53.0%
/ 33%
0.6%
/ 33%
2.2%
/ 33%
28.85%
/ 5%
✗ NOT HALAL
MSCI 45.4%
/ 33%
0.6%
/ 33%
1.9%
/ 33%
28.85%
/ 5%
✗ NOT HALAL
S&P 53.0%
/ 33%
0.6%
/ 33%
2.2%
/ 33%
28.85%
/ 5%
✗ NOT HALAL
FTSE 45.4%
/ 33%
0.6%
/ 33%
1.9%
/ 50%
28.85%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
17.6
Forward: 44.3
EPS
$1.37
Dividend Yield
480.0%
Payout: 78.8%
P/B Ratio
1.6
EV/EBITDA
16.4
EV: $8.2B
Revenue
$844M
Growth: -3.8%
Beta
0.9
Average volatility
Current Ratio
1.2

Profitability

Gross Margin 73.9%
Operating Margin 23.2%
Net Margin 35.4%
Return on Equity (ROE) 9.3%
Return on Assets (ROA) 1.8%

Cash Flow & Balance Sheet

Operating Cash Flow$430M
Free Cash Flow$278M
Total Debt$3.0B
Debt-to-Equity96.8
Current Ratio1.2
Total Assets$6.7B

Price & Trading

Last Close$24.27
50-Day MA$24.80
200-Day MA$23.14
Avg Volume1.9M
Beta0.9
52-Week Range
$18.52
$26.38

About KITE REALTY GROUP TRUST (KRG)

CEO
Mr. John A. Kite
Employees
228
Sector
Real Estate
Industry
REIT - Retail
Country
United States
Exchange
NYSE
Market Cap
$5.3B
Currency
USD

Kite Realty Group is a real estate investment trust that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations. The Company's portfolio is concentrated in high-growth Sun Belt and select strategic gateway markets. Publicly listed since 2004, KRG has more than six decades of experience in developing, operating, and investing in real estate, using a disciplined, hands-on approach to enhance portfolio quality and maximize long-term value for all stakeholders. As of December 31, 2025, the Company owned interests in 169 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.3 million square feet of gross leasable space.

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Frequently Asked Questions

Is KITE REALTY GROUP TRUST (KRG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), KITE REALTY GROUP TRUST 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 KITE REALTY GROUP TRUST's debt ratio?

KITE REALTY GROUP TRUST's debt ratio is 53.0% 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 45.4%.

What are KITE REALTY GROUP TRUST's key financial metrics?

KITE REALTY GROUP TRUST has a market capitalization of $5.3B, trailing P/E ratio of 17.6, and revenue of $844M. The company maintains a gross margin of 73.9% and a net margin of 35.4%. Return on equity stands at 9.3%.

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.