Is Mapletree (N2IU) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 81.1% / 30% | 2.3% / 30% | 0.1% / 30% | 0.24% / 5% | ✗ NOT HALAL |
| DJIM | 81.1% / 33% | 2.3% / 33% | 0.1% / 33% | 0.24% / 5% | ✗ NOT HALAL |
| MSCI | 37.2% / 33% | 1.1% / 33% | 0.0% / 33% | 0.24% / 5% | ✗ NOT HALAL |
| S&P | 81.1% / 33% | 2.3% / 33% | 0.1% / 33% | 0.24% / 5% | ✗ NOT HALAL |
| FTSE | 37.2% / 33% | 1.1% / 33% | 0.0% / 50% | 0.24% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 70.8% | |
| Operating Margin | 69.7% | |
| Net Margin | 77.2% | |
| Return on Equity (ROE) | 7.3% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $634M |
| Free Cash Flow | $633M |
| Total Debt | $6.0B |
| Debt-to-Equity | 61.5 |
| Current Ratio | 0.5 |
| Total Assets | $16.1B |
Price & Trading
| Last Close | SGD 1.31 |
| 50-Day MA | SGD 1.42 |
| 200-Day MA | SGD 1.40 |
| Avg Volume | 7.6M |
| Beta | 0.6 |
|
52-Week Range
SGD 1.09
| |
About Mapletree (N2IU)
Mapletree Pan Asia Commercial Trust is a real estate investment trust positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited on 27 April 2011, it made its public market debut as Mapletree Commercial Trust and was subsequently renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust. Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate-related assets, in the key gateway markets of Asia (including but not limited to Singapore, Hong Kong, China, Japan and South Korea).
Related Halal Stocks in Real Estate
Frequently Asked Questions
Is Mapletree (N2IU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mapletree 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 Mapletree's debt ratio?
Mapletree's debt ratio is 81.1% 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 37.2%.
What are Mapletree's key financial metrics?
Mapletree has a market capitalization of $6.9B, trailing P/E ratio of 10.1, and revenue of $845M. The company maintains a gross margin of 70.8% and a net margin of 77.2%. Return on equity stands at 7.3%.
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.