Is Veris Residential, Inc. (VRE) Halal?

NYSE Real Estate United States $1.9B
✗ NOT HALAL
Confidence: 90/100
Veris Residential, Inc. (VRE) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 77.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Veris Residential, 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 77.3%
/ 30%
0.8%
/ 30%
0.3%
/ 30%
0.13%
/ 5%
✗ NOT HALAL
DJIM 77.3%
/ 33%
0.8%
/ 33%
0.3%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
MSCI 50.3%
/ 33%
0.5%
/ 33%
0.2%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
S&P 77.3%
/ 33%
0.8%
/ 33%
0.3%
/ 33%
0.13%
/ 5%
✗ NOT HALAL
FTSE 50.3%
/ 33%
0.5%
/ 33%
0.2%
/ 50%
0.13%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
24.9
Forward: -67.6
EPS
$0.76
Dividend Yield
169.0%
Payout: 42.1%
P/B Ratio
1.5
EV/EBITDA
22.5
EV: $3.2B
Revenue
$288M
Growth: 4.6%
Beta
1.2
Average volatility
Current Ratio
0.1

Profitability

Gross Margin 61.7%
Operating Margin 21.1%
Net Margin 25.7%
Return on Equity (ROE) 5.9%
Return on Assets (ROA) 1.3%

Cash Flow & Balance Sheet

Operating Cash Flow$76M
Free Cash Flow$76M
Total Debt$1.4B
Debt-to-Equity107.3
Current Ratio0.1
Total Assets$2.7B

Price & Trading

Last Close$18.94
50-Day MA$17.27
200-Day MA$15.44
Avg Volume1.5M
Beta1.2
52-Week Range
$13.69
$18.97

About Veris Residential, Inc. (VRE)

CEO
Mr. Mahbod Nia A.C.A.
Employees
181
Sector
Real Estate
Industry
REIT - Residential
Country
United States
Exchange
NYSE
Market Cap
$1.9B
Currency
USD

Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.

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Frequently Asked Questions

Is Veris Residential, Inc. (VRE) halal to invest in?

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

Veris Residential, Inc.'s debt ratio is 77.3% 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 50.3%.

What are Veris Residential, Inc.'s key financial metrics?

Veris Residential, Inc. has a market capitalization of $1.9B, trailing P/E ratio of 24.9, and revenue of $288M. The company maintains a gross margin of 61.7% and a net margin of 25.7%. Return on equity stands at 5.9%.

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.