Is AHR halal?
American Healthcare REIT, Inc.
Doubtful
No clear verdict is possible for American Healthcare REIT, Inc. — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 14 October 2026
Exchange
NYSE
Price
53.23
Day
+0.42%
Market cap
$11.39B
Industry
REIT - Healthcare Facilities
Sector
Real Estate
What the company does
American Healthcare REIT owns healthcare real estate: senior-housing (operated itself), medical offices and skilled-nursing facilities. Its money comes from rent and senior-housing operations (the REIT structure is checked by the screener).
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Activity needs clarification: REIT - Healthcare Facilities
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $1.44B ÷ 36-month average market cap $5.56B = 26.0%
26.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $249.36M ÷ 36-month average market cap $5.56B = 4.5%
4.5%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $11.39B.
For information (AAOIFI 3/1 note): cash + receivables are 6.8% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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Halal is the first question. The second: when to enter?
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This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.