Is SIMON PROPERTY GROUP INC. (SPG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 46.1% / 30% | 1.3% / 30% | 2.4% / 30% | 50.27% / 5% | ✗ NOT HALAL |
| DJIM | 46.1% / 33% | 1.3% / 33% | 2.4% / 33% | 50.27% / 5% | ✗ NOT HALAL |
| MSCI | 71.9% / 33% | 2.0% / 33% | 3.7% / 33% | 50.27% / 5% | ✗ NOT HALAL |
| S&P | 46.1% / 33% | 1.3% / 33% | 2.4% / 33% | 50.27% / 5% | ✗ NOT HALAL |
| FTSE | 71.9% / 33% | 2.0% / 33% | 3.7% / 50% | 50.27% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 81.9% | |
| Operating Margin | 49.7% | |
| Net Margin | 72.7% | |
| Return on Equity (ROE) | 104.1% | |
| Return on Assets (ROA) | 5.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4.1B |
| Free Cash Flow | $3.2B |
| Total Debt | $29.2B |
| Debt-to-Equity | 435.5 |
| Current Ratio | 0.2 |
| Total Assets | $40.6B |
Price & Trading
| Last Close | $181.80 |
| 50-Day MA | $192.04 |
| 200-Day MA | $180.01 |
| Avg Volume | 1.6M |
| Beta | 1.4 |
|
52-Week Range
$136.34
| |
About SIMON PROPERTY GROUP INC. (SPG)
Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries.
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Frequently Asked Questions
Is SIMON PROPERTY GROUP INC. (SPG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SIMON PROPERTY 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 SIMON PROPERTY GROUP INC.'s debt ratio?
SIMON PROPERTY GROUP INC.'s debt ratio is 46.1% 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 71.9%.
What are SIMON PROPERTY GROUP INC.'s key financial metrics?
SIMON PROPERTY GROUP INC. has a market capitalization of $58.6B, trailing P/E ratio of 12.7, and revenue of $6.4B. The company maintains a gross margin of 81.9% and a net margin of 72.7%. Return on equity stands at 104.1%.
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.