Is COHEN & STEERS REIT & PREFERRED & INCOME FUND INC (RNP) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 83.6% | |
| Net Margin | 81.4% | |
| Return on Equity (ROE) | 5.7% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $73M |
| Free Cash Flow | $73M |
| Total Debt | $450M |
| Debt-to-Equity | 45.4 |
| Current Ratio | 0.0 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $19.60 |
| 50-Day MA | $20.75 |
| 200-Day MA | $21.33 |
| Avg Volume | 159K |
| Beta | 1.3 |
|
52-Week Range
$19.00
| |
About COHEN & STEERS REIT & PREFERRED & INCOME FUND INC (RNP)
Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts. For its fixed income portfolio, the fund typically invests in debt and preferred securities of companies operating across diversified sectors. It employs fundamental analysis to create its fixed income portfolio with a focus on the issuer's creditworthiness, corporate and capital structure, placement of the preferred or debt securities within that structure, momentum and other exogenous signals, and relative value versus other income security classes and for its equity portfolio also it employs fundamental analysis to create its portfolio with a focus on growth potential, earnings estimates, and the quality of management. The fund benchmarks the performance of its portfolio against the FTSE NAREIT Equity Index, S&P 500 Index, Merrill Lynch Fixed Rate Preferred Index, and FTSE NAREIT Equity REIT Index. It was formerly known as Cohen & Steers REIT & Preferred Balanced Income Fund. Cohen & Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States.
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Frequently Asked Questions
Is COHEN & STEERS REIT & PREFERRED & INCOME FUND INC (RNP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), COHEN & STEERS REIT & PREFERRED & INCOME FUND 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 COHEN & STEERS REIT & PREFERRED & INCOME FUND INC's debt ratio?
COHEN & STEERS REIT & PREFERRED & INCOME FUND INC'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 REIT & PREFERRED & INCOME FUND INC's key financial metrics?
COHEN & STEERS REIT & PREFERRED & INCOME FUND INC has a market capitalization of $929M, trailing P/E ratio of 16.1, and revenue of $94M. The company maintains a gross margin of 100.0% and a net margin of 81.4%. Return on equity stands at 5.7%.
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.