Is NEN (NEN) Halal?

AMEX Real Estate United States $213M
✗ NOT HALAL
Confidence: 90/100
NEN (NEN) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 186.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. NEN 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 186.8%
/ 30%
46.5%
/ 30%
1.8%
/ 30%
5.55%
/ 5%
✗ NOT HALAL
DJIM 186.8%
/ 33%
46.5%
/ 33%
1.8%
/ 33%
5.55%
/ 5%
✗ NOT HALAL
MSCI 103.2%
/ 33%
25.7%
/ 33%
1.0%
/ 33%
5.55%
/ 5%
✗ NOT HALAL
S&P 186.8%
/ 33%
46.5%
/ 33%
1.8%
/ 33%
5.55%
/ 5%
✗ NOT HALAL
FTSE 103.2%
/ 33%
25.7%
/ 33%
1.0%
/ 50%
5.55%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
35.7
EPS
$1.71
Dividend Yield
262.0%
Payout: 93.7%
P/B Ratio
-2.9
EV/EBITDA
10.9
EV: $507M
Revenue
$89M
Growth: 15.9%
Beta
0.2
Low volatility
Current Ratio
0.9

Profitability

Gross Margin 67.6%
Operating Margin 17.4%
Net Margin 6.7%
Return on Assets (ROA) 3.2%

Cash Flow & Balance Sheet

Operating Cash Flow$28M
Free Cash Flow$28M
Total Debt$528M
Current Ratio0.9
Total Assets$514M

Price & Trading

Last Close$60.61
50-Day MA$63.71
200-Day MA$68.73
Avg Volume840
Beta0.2
52-Week Range
$61.00
$81.53

About NEN (NEN)

CEO
Mr. Ronald Brown
Sector
Real Estate
Industry
Real Estate Services
Country
United States
Exchange
AMEX
Market Cap
$213M
Currency
USD

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling of real estate properties in the United States. The company owns and operates various residential buildings and properties; mixed use residential, retail, and office properties; commercial properties; and condominium units located in Massachusetts and New Hampshire. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.

Related Halal Stocks in Real Estate

Frequently Asked Questions

Is NEN (NEN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NEN 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 NEN's debt ratio?

NEN's debt ratio is 186.8% 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 103.2%.

What are NEN's key financial metrics?

NEN has a market capitalization of $213M, trailing P/E ratio of 35.7, and revenue of $89M. The company maintains a gross margin of 67.6% and a net margin of 6.7%.

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.