Is National Healthcare Properties, Inc. (NHPAP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 61.1% / 33% | 3.4% / 33% | 1.8% / 33% | 0.08% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 61.1% / 33% | 3.4% / 33% | 1.8% / 50% | 0.08% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 36.0% | |
| Operating Margin | 10.0% | |
| Net Margin | -16.8% | |
| Return on Equity (ROE) | -8.9% | |
| Return on Assets (ROA) | 0.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | -$22M |
| Total Debt | $1.0B |
| Debt-to-Equity | 173.6 |
| Current Ratio | 0.4 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $19.05 |
| 50-Day MA | $19.30 |
| 200-Day MA | $18.09 |
| Avg Volume | 7K |
| Beta | 546.3 |
|
52-Week Range
$11.75
| |
About National Healthcare Properties, Inc. (NHPAP)
National Healthcare Properties, Inc. is a real estate investment trust for U.S. federal income tax purposes. The Company acquires, owns and manages a diversified portfolio of healthcare-related real estate, focused on outpatient medical facilities and senior housing operating properties. As of September 30, 2025, the Company owned 174 properties (including one land parcel and one property classified as held-for-sale) located in 30 states and comprised of 7.3 million rentable square feet. Substantially all the Company's business is conducted through the OP and its wholly owned subsidiaries, including taxable REIT subsidiaries. Prior to the consummation of the Internalization (as defined below) on September 27, 2024, the Company's former advisor, Healthcare Trust Advisors, LLC, managed its day-to-day business with the assistance of its property manager, Healthcare Trust Properties, LLC; the former Advisor and Property Manager were under common control with AR Global Investments, LLC (the Advisor Parent), and these related parties received compensation and fees for providing services to the Company. See the Internalization section in this Note for additional information. As of September 30, 2025, the Company owned 40 (including one property classified as held-for-sale) SHOPs using the REIT Investment Diversification and Empowerment Act of 2007 structure in its SHOP segment. Under RIDEA, a REIT may lease qualified healthcare properties on an arm's length basis to a TRS if the property is operated on behalf of such subsidiary by a person who qualifies as an eligible independent contractor. As of September 30, 2025, the Company had four eligible independent contractors operating 39 SHOPs. The Company has two operating and reportable business segments: OMFs and SHOPs. All the Company's properties across both business segments are located throughout the United States. In its OMF operating segment, the Company owns, manages and leases single and multi-tenant OMFs where tenants are generally required to pay their pro rata share of property operating expenses, which may be subject to expense exclusions and floors, in addition to base rent. The Property Manager or third-party managers manage the Company's OMFs.
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Frequently Asked Questions
Is National Healthcare Properties, Inc. (NHPAP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), National Healthcare Properties, 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 National Healthcare Properties, Inc.'s debt ratio?
National Healthcare Properties, Inc.'s debt ratio is not available 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 61.1%.
What are National Healthcare Properties, Inc.'s key financial metrics?
National Healthcare Properties, Inc. has a market capitalization of N/A, and revenue of $342M. The company maintains a gross margin of 36.0% and a net margin of -16.8%. Return on equity stands at -8.9%.
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.