Is Seritage Growth Properties (SRG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 146.9% / 30% | 52.2% / 30% | 4.8% / 30% | 14.26% / 5% | ✗ NOT HALAL |
| DJIM | 146.9% / 33% | 52.2% / 33% | 4.8% / 33% | 14.26% / 5% | ✗ NOT HALAL |
| MSCI | 35.4% / 33% | 12.6% / 33% | 1.2% / 33% | 14.26% / 5% | ✗ NOT HALAL |
| S&P | 146.9% / 33% | 52.2% / 33% | 4.8% / 33% | 14.26% / 5% | ✗ NOT HALAL |
| FTSE | 35.4% / 33% | 12.6% / 33% | 1.2% / 50% | 14.26% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 4.6% | |
| Operating Margin | -99.9% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -19.7% | |
| Return on Assets (ROA) | -3.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$54M |
| Free Cash Flow | -$54M |
| Total Debt | $240M |
| Debt-to-Equity | 58.2 |
| Current Ratio | 9.8 |
| Total Assets | $678M |
Price & Trading
| Last Close | $2.70 |
| 50-Day MA | $3.08 |
| 200-Day MA | $3.45 |
| Avg Volume | 207K |
| Beta | 2.5 |
|
52-Week Range
$2.43
| |
About Seritage Growth Properties (SRG)
Seritage Growth Properties was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States, prior to the adoption of the company's plan of sale. As of September 30, 2025, the Company's portfolio consisted of interests in 13 properties comprised of approximately 1.3 million square feet of gross leasable area (GLA) or build-to-suit leased area and 198 acres of land. The portfolio encompasses eight consolidated properties consisting of approximately 0.8 million square feet of GLA and 113 acres (such properties, the Consolidated Properties) and five unconsolidated entities consisting of approximately 0.5 million square feet of GLA and 85 acres (such properties, the Unconsolidated Properties).
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Frequently Asked Questions
Is Seritage Growth Properties (SRG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Seritage Growth Properties 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 Seritage Growth Properties's debt ratio?
Seritage Growth Properties's debt ratio is 146.9% 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 35.4%.
What are Seritage Growth Properties's key financial metrics?
Seritage Growth Properties has a market capitalization of $152M, and revenue of $18M. Return on equity stands at -19.7%.
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.