Is Whitestone REIT (WSR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 76.6% / 30% | 0.6% / 30% | 9.8% / 30% | 0.06% / 5% | ✗ NOT HALAL |
| DJIM | 76.6% / 33% | 0.6% / 33% | 9.8% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| MSCI | 55.7% / 33% | 0.5% / 33% | 7.1% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| S&P | 76.6% / 33% | 0.6% / 33% | 9.8% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| FTSE | 55.7% / 33% | 0.5% / 33% | 7.1% / 50% | 0.06% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 68.8% | |
| Operating Margin | 32.3% | |
| Net Margin | 31.0% | |
| Return on Equity (ROE) | 11.1% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $51M |
| Free Cash Flow | $51M |
| Total Debt | $645M |
| Debt-to-Equity | 139.2 |
| Current Ratio | 0.7 |
| Total Assets | $1.2B |
Price & Trading
| Last Close | $16.18 |
| 50-Day MA | $15.22 |
| 200-Day MA | $13.39 |
| Avg Volume | 236K |
| Beta | 0.8 |
|
52-Week Range
$11.43
| |
About Whitestone REIT (WSR)
Whitestone REIT is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.
Related Halal Stocks in Real Estate
Frequently Asked Questions
Is Whitestone REIT (WSR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Whitestone REIT 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 Whitestone REIT's debt ratio?
Whitestone REIT's debt ratio is 76.6% 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 55.7%.
What are Whitestone REIT's key financial metrics?
Whitestone REIT has a market capitalization of $832M, trailing P/E ratio of 16.8, and revenue of $162M. The company maintains a gross margin of 68.8% and a net margin of 31.0%. Return on equity stands at 11.1%.
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.