Is Seaport Entertainment Group Inc. (SEG) Halal?

NYSE Real Estate United States $267M
✗ NOT HALAL
Confidence: 90/100
Seaport Entertainment Group Inc. (SEG) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 54.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Seaport Entertainment Group Inc. 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 54.1%
/ 30%
60.1%
/ 30%
1.9%
/ 30%
39.71%
/ 5%
✗ NOT HALAL
DJIM 54.1%
/ 33%
60.1%
/ 33%
1.9%
/ 33%
39.71%
/ 5%
✗ NOT HALAL
MSCI 20.0%
/ 33%
22.3%
/ 33%
0.7%
/ 33%
39.71%
/ 5%
✗ NOT HALAL
S&P 54.1%
/ 33%
60.1%
/ 33%
1.9%
/ 33%
39.71%
/ 5%
✗ NOT HALAL
FTSE 20.0%
/ 33%
22.3%
/ 33%
0.7%
/ 50%
39.71%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-9.18
P/B Ratio
0.6
EV/EBITDA
-5.1
EV: $294M
Revenue
$130M
Growth: 103.4%
Current Ratio
3.1

Profitability

Gross Margin -20.3%
Operating Margin -87.7%
Net Margin -86.9%
Return on Equity (ROE) -22.2%
Return on Assets (ROA) -8.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$50M
Free Cash Flow-$75M
Total Debt$156M
Debt-to-Equity20.3
Current Ratio3.1
Total Assets$650M

Price & Trading

Last Close$20.93
50-Day MA$20.99
200-Day MA$22.10
Avg Volume89K
52-Week Range
$16.52
$28.34

About Seaport Entertainment Group Inc. (SEG)

CEO
Mr. Matthew Morris Partridge
Employees
627
Sector
Real Estate
Industry
Real Estate Services
Country
United States
Exchange
NYSE
Market Cap
$267M
Currency
USD

Seaport Entertainment Group Inc. owns, develops, and operates a portfolio of entertainment and real estate assets primarily in New York City and Las Vegas. The company operates through three segments: Hospitality; Entertainment; and Landlord Operations. The Hospitality segment operates fine dining and casual dining restaurants, cocktail bars, and nightlife and entertainment venues under The Fulton, Mister Dips, Carne Mare, Malibu Farm, Gitano, and The Lawn Club brands. The Entertainment segment includes the Las Vegas Aviators Triple-A Minor League Baseball team, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, events, and concerts, as well as various sponsorship agreements across the Seaport and the Las Vegas Ballpark. The Landlord Operations segment engages in the holding of ownership interests in and operation of physical real estate assets, such as restaurant, retail, office, and entertainment properties, as well as residential units. Seaport Entertainment Group Inc. was incorporated in 2024 and is headquartered in New York, New York.

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Frequently Asked Questions

Is Seaport Entertainment Group Inc. (SEG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Seaport Entertainment Group 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 Seaport Entertainment Group Inc.'s debt ratio?

Seaport Entertainment Group Inc.'s debt ratio is 54.1% 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 20.0%.

What are Seaport Entertainment Group Inc.'s key financial metrics?

Seaport Entertainment Group Inc. has a market capitalization of $267M, and revenue of $130M. The company maintains a gross margin of -20.3% and a net margin of -86.9%. Return on equity stands at -22.2%.

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.