Is Terreno Realty Corp (TRNO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 14.5% / 30% | 0.4% / 30% | 0.0% / 30% | 1.12% / 5% | ✓ HALAL |
| DJIM | 14.5% / 33% | 0.4% / 33% | 0.0% / 33% | 1.12% / 5% | ✓ HALAL |
| MSCI | 17.5% / 33% | 0.5% / 33% | 0.0% / 33% | 1.12% / 5% | ✓ HALAL |
| S&P | 14.5% / 33% | 0.4% / 33% | 0.0% / 33% | 1.12% / 5% | ✓ HALAL |
| FTSE | 17.5% / 33% | 0.5% / 33% | 0.0% / 50% | 1.12% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.8% | |
| Operating Margin | 42.0% | |
| Net Margin | 84.6% | |
| Return on Equity (ROE) | 10.3% | |
| Return on Assets (ROA) | 2.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $272M |
| Free Cash Flow | $208M |
| Total Debt | $943M |
| Debt-to-Equity | 22.8 |
| Current Ratio | 0.7 |
| Total Assets | $5.4B |
Price & Trading
| Last Close | $61.26 |
| 50-Day MA | $63.42 |
| 200-Day MA | $59.71 |
| Avg Volume | 719K |
| Beta | 1.1 |
|
52-Week Range
$48.18
| |
About Terreno Realty Corp (TRNO)
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets. It includes New York City, Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of September 30, 2025, the Company owned 307 buildings (including one property consisting of two buildings held for sale) aggregating approximately 20.2 million square feet, 44 improved land parcels consisting of approximately 146.4 acres, six properties under development or redevelopment and approximately 10.7 acres of land for future development. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (REIT) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, commencing with its taxable year ended December 31, 2010. Terreno Realty Corporation was incorporated in 6th November 2009 in Maryland, USA.
Purification Calculator
As a halal stock with 1.12% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Terreno Realty Corp (TRNO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Terreno Realty Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Terreno Realty Corp's debt ratio?
Terreno Realty Corp's debt ratio is 14.5% 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 17.5%.
Does Terreno Realty Corp require dividend purification?
Yes, Terreno Realty Corp has an impermissible income ratio of 1.12%, which means 1.12% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Terreno Realty Corp's key financial metrics?
Terreno Realty Corp has a market capitalization of $6.4B, trailing P/E ratio of 15.5, and revenue of $476M. The company maintains a gross margin of 75.8% and a net margin of 84.6%. Return on equity stands at 10.3%.
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.