Is Net Lease Office Properties (NLOP) Halal?

NYSE Real Estate United States $216M
✗ NOT HALAL
Confidence: 83/100
Net Lease Office Properties (NLOP) is Not Halal under AAOIFI Standard 21. While the debt ratio of 10.3% is acceptable, the cash and interest-bearing securities ratio of 56.2% exceeds the 30% threshold. Net Lease Office Properties 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 10.3%
/ 30%
56.2%
/ 30%
0.0%
/ 30%
1.77%
/ 5%
✗ NOT HALAL
DJIM 10.3%
/ 33%
56.2%
/ 33%
0.0%
/ 33%
1.77%
/ 5%
✗ NOT HALAL
MSCI 4.8%
/ 33%
26.4%
/ 33%
0.0%
/ 33%
1.77%
/ 5%
✓ HALAL
S&P 10.3%
/ 33%
56.2%
/ 33%
0.0%
/ 33%
1.77%
/ 5%
✗ NOT HALAL
FTSE 4.8%
/ 33%
26.4%
/ 33%
0.0%
/ 50%
1.77%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-9.81
P/B Ratio
0.7
EV/EBITDA
1.9
EV: $123M
Revenue
$119M
Growth: -36.0%
Beta
0.6
Low volatility
Current Ratio
2.1

Profitability

Gross Margin 87.6%
Operating Margin 4.3%
Net Margin -137.1%
Return on Equity (ROE) -32.9%
Return on Assets (ROA) 2.7%

Cash Flow & Balance Sheet

Operating Cash Flow$64M
Free Cash Flow$64M
Total Debt$22M
Debt-to-Equity7.4
Current Ratio2.1
Total Assets$453M

Price & Trading

Last Close$14.81
50-Day MA$16.38
200-Day MA$26.23
Avg Volume291K
Beta0.6
52-Week Range
$12.76
$34.53

About Net Lease Office Properties (NLOP)

CEO
Mr. Jason E. Fox
Sector
Real Estate
Industry
REIT - Office
Country
United States
Exchange
NYSE
Market Cap
$216M
Currency
USD

Net Lease Office Properties is a publicly traded real estate investment trust that owns a portfolio of high-quality, single-tenant properties located in the U.S. and net leased to corporate tenants operating across a variety of industries.

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Frequently Asked Questions

Is Net Lease Office Properties (NLOP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Net Lease Office Properties 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 Net Lease Office Properties's debt ratio?

Net Lease Office Properties's debt ratio is 10.3% 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 4.8%.

What are Net Lease Office Properties's key financial metrics?

Net Lease Office Properties has a market capitalization of $216M, and revenue of $119M. The company maintains a gross margin of 87.6% and a net margin of -137.1%. Return on equity stands at -32.9%.

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.