Is Cohen & Steers Real Estate Opportunities & Income Fund (RLTY) Halal?

NYSE Financial Services United States $235M
✗ NOT HALAL
Confidence: 95/100
Cohen & Steers Real Estate Opportunities & Income Fund (RLTY) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
13.0
EPS
$1.08
Dividend Yield
940.0%
Payout: 122.2%
Revenue
$21M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$21M
Free Cash Flow$21M
Total Debt$141M
Total Assets$411M

Price & Trading

Last Close$14.19
50-Day MA$15.16
200-Day MA$15.15
Avg Volume80K
52-Week Range
$12.90
$15.97

About Cohen & Steers Real Estate Opportunities & Income Fund (RLTY)

Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$235M
Currency
USD

Cohen & Steers Real Estate Opportunities & Income Fund is a closed-end balanced mutual fund launched and managed by Cohen & Steers Capital Management, Inc. It invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests directly and through derivatives in stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts (reits) and real estate sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in fixed income securities that are rate below investment grade. The fund employs fundamental analysis with bottom-up securities picking approach to create its portfolio. The fund employs proprietary research to create its portfolio. Cohen & Steers Real Estate Opportunities & Income Fund was formed on February 23, 2022 and is domiciled in the United States.?

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Frequently Asked Questions

Is Cohen & Steers Real Estate Opportunities & Income Fund (RLTY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cohen & Steers Real Estate Opportunities & Income Fund 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 Cohen & Steers Real Estate Opportunities & Income Fund's debt ratio?

Cohen & Steers Real Estate Opportunities & Income Fund's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Cohen & Steers Real Estate Opportunities & Income Fund's key financial metrics?

Cohen & Steers Real Estate Opportunities & Income Fund has a market capitalization of $235M, trailing P/E ratio of 13.0, and revenue of $21M.

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.