Is MacKenzie Realty Capital, Inc. (MKZR) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1886.4% / 30% | 52.8% / 30% | 31.7% / 30% | 45.37% / 5% | ✗ NOT HALAL |
| DJIM | 1886.4% / 33% | 52.8% / 33% | 31.7% / 33% | 45.37% / 5% | ✗ NOT HALAL |
| MSCI | 57.4% / 33% | 1.6% / 33% | 1.0% / 33% | 45.37% / 5% | ✗ NOT HALAL |
| S&P | 1886.4% / 33% | 52.8% / 33% | 31.7% / 33% | 45.37% / 5% | ✗ NOT HALAL |
| FTSE | 57.4% / 33% | 1.6% / 33% | 1.0% / 50% | 45.37% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 34.2% | |
| Operating Margin | -47.0% | |
| Net Margin | -126.1% | |
| Return on Equity (ROE) | -21.4% | |
| Return on Assets (ROA) | -2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $135M |
| Debt-to-Equity | 168.1 |
| Current Ratio | 1.2 |
| Total Assets | $236M |
Price & Trading
| Last Close | $3.77 |
| 50-Day MA | $3.99 |
| 200-Day MA | $4.97 |
| Avg Volume | 31K |
|
52-Week Range
$3.25
| |
About MacKenzie Realty Capital, Inc. (MKZR)
MacKenzie Realty Capital, Inc. is a West Coast-focused REIT that intends to invest at least 80% of its total assets in real property, and up to a maximum of 20% of its total assets in illiquid real estate securities. We intend for the real property portfolio to be approximately 50% multifamily and 50% boutique class A office. The current portfolio includes interests in 5 multifamily properties and 8 office properties plus 1 multifamily development. MacKenzie Realty Capital, Inc. was incorporated in 2012 in Maryland, USA.
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Frequently Asked Questions
Is MacKenzie Realty Capital, Inc. (MKZR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MacKenzie Realty Capital, 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 MacKenzie Realty Capital, Inc.'s debt ratio?
MacKenzie Realty Capital, Inc.'s debt ratio is 1886.4% 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 57.4%.
What are MacKenzie Realty Capital, Inc.'s key financial metrics?
MacKenzie Realty Capital, Inc. has a market capitalization of $7M, and revenue of $22M. The company maintains a gross margin of 34.2% and a net margin of -126.1%. Return on equity stands at -21.4%.
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.