Alinma Hospitality REIT Fund (4349.SR) - Halal (Shariah-Compliant)
Alinma Hospitality REIT Fund (4349.SR) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Result
- Pass
- Reason
- The sector "Real Estate" and industry "REIT - Hotel & Motel" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 8.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements, so this calculation finds nothing to purify based on available data.
About Alinma Hospitality REIT Fund
Alinma Hospitality REIT is a real estate investment fund. The fund invest in structurally developed and income-generating real estate.
Frequently Asked Questions
Is Alinma Hospitality REIT Fund (4349.SR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Alinma Hospitality REIT Fund (4349.SR) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Alinma Hospitality REIT Fund have any interest income?
Identified interest income is 0.0% of Alinma Hospitality REIT Fund's total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if 4349.SR stock is Shariah-compliant?
4349.SR is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.


