Is COHEN & STEERS QUALITY INCOME REALTY FUND INC (RQI) Halal?

NYSE Financial Services United States $1.6B
✗ NOT HALAL
Confidence: 95/100
COHEN & STEERS QUALITY INCOME REALTY FUND INC (RQI) 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
33.4
EPS
$0.35
Dividend Yield
923.0%
Payout: 274.3%
P/B Ratio
1.0
Revenue
$102M
Growth: -5.2%
Beta
1.5
High volatility
Current Ratio
0.9

Profitability

Gross Margin 100.0%
Operating Margin 72.1%
Net Margin 55.3%
Return on Equity (ROE) 2.8%
Return on Assets (ROA) 1.6%

Cash Flow & Balance Sheet

Operating Cash Flow$129M
Free Cash Flow$129M
Total Debt$710M
Debt-to-Equity43.7
Current Ratio0.9
Total Assets$2.4B

Price & Trading

Last Close$11.86
50-Day MA$12.57
200-Day MA$12.26
Avg Volume560K
Beta1.5
52-Week Range
$10.39
$13.39

About COHEN & STEERS QUALITY INCOME REALTY FUND INC (RQI)

CEO
Mr. Adam M. Derechin C.F.A.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$1.6B
Currency
USD

Cohen & Steers Quality Income Realty Fund, Inc. is a closed-ended equity mutual fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts. It primarily invests in growth stocks of companies across all market capitalizations. The fund employs fundamental analysis focusing on such factors as underlying potential for success in light of the company's current financial condition, its industry and sector position, economic and market condition, earnings growth, current ratio of debt to capital, and the quality of management to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the FTSE NAREIT Equity REIT index, and a composite index of 80% FTSE NAREIT Equity REIT Index and 20% BofA Merrill Lynch REIT Preferred Securities Index. The fund was previously known as Cohen & Steers Income Realty Fund Inc. Cohen & Steers Quality Income Realty Fund, Inc. was formed on February 28, 2002 and is domiciled in the United States.

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Frequently Asked Questions

Is COHEN & STEERS QUALITY INCOME REALTY FUND INC (RQI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), COHEN & STEERS QUALITY INCOME REALTY 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 QUALITY INCOME REALTY FUND INC's debt ratio?

COHEN & STEERS QUALITY INCOME REALTY 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 QUALITY INCOME REALTY FUND INC's key financial metrics?

COHEN & STEERS QUALITY INCOME REALTY FUND INC has a market capitalization of $1.6B, trailing P/E ratio of 33.4, and revenue of $102M. The company maintains a gross margin of 100.0% and a net margin of 55.3%. Return on equity stands at 2.8%.

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.