Is American Strategic Investment Co. (NYC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1862.0% / 30% | 45.2% / 30% | 106.5% / 30% | 183.05% / 5% | ✗ NOT HALAL |
| DJIM | 1862.0% / 33% | 45.2% / 33% | 106.5% / 33% | 183.05% / 5% | ✗ NOT HALAL |
| MSCI | 79.5% / 33% | 1.9% / 33% | 4.5% / 33% | 183.05% / 5% | ✗ NOT HALAL |
| S&P | 1862.0% / 33% | 45.2% / 33% | 106.5% / 33% | 183.05% / 5% | ✗ NOT HALAL |
| FTSE | 79.5% / 33% | 1.9% / 33% | 4.5% / 50% | 183.05% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 24.7% | |
| Operating Margin | -10.0% | |
| Net Margin | -40.9% | |
| Return on Equity (ROE) | -25.8% | |
| Return on Assets (ROA) | -1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$5M |
| Total Debt | $403M |
| Debt-to-Equity | 349.5 |
| Current Ratio | 1.1 |
| Total Assets | $507M |
Price & Trading
| Last Close | $8.35 |
| 50-Day MA | $9.06 |
| 200-Day MA | $10.05 |
| Avg Volume | 4K |
| Beta | 0.3 |
|
52-Week Range
$7.03
| |
About American Strategic Investment Co. (NYC)
American Strategic Investment Co. is an externally managed company that currently owns a portfolio of commercial real estate located within the five boroughs of New York City, primarily Manhattan. The Company's real estate assets consist of office properties and certain real estate assets that accompany office properties, including retail spaces and amenities. As of September 30, 2025, the Company owned six properties consisting of 0.7 million rentable square feet, which excludes one property, 1140 Avenue of Americas, which is in a consensual foreclosure process. Substantially all the Company's business is conducted through the OP and its wholly owned subsidiaries. The Company's advisor, New York City Advisors, LLC, manages the Company's day-to-day business with the assistance of the Company's property manager, New York City Properties, LLC. The Advisor and Property Manager are under common control with AR Global Investments, LLC and these related parties receive compensation and fees for providing services to the Company. The Company also reimburses these entities for certain expenses they incur in providing these services. American Strategic Investment Co. was incorporated in 2013 in Maryland, USA.
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Frequently Asked Questions
Is American Strategic Investment Co. (NYC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), American Strategic Investment Co. 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 American Strategic Investment Co.'s debt ratio?
American Strategic Investment Co.'s debt ratio is 1862.0% 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 79.5%.
What are American Strategic Investment Co.'s key financial metrics?
American Strategic Investment Co. has a market capitalization of $22M, and revenue of $62M. The company maintains a gross margin of 24.7% and a net margin of -40.9%. Return on equity stands at -25.8%.
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.