Is FPH halal?
Five Point Holdings, LLC
Not halal
Five Point Holdings, LLC did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
4.35
Day
-1.58%
Market cap
$645.6M
Industry
Real Estate - Development
Sector
Real Estate
What the company does
Five Point Holdings develops large master-planned communities in California (Great Park Irvine, Valencia, Candlestick in San Francisco). Money comes from selling finished lots to homebuilders.
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
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $444.05M ÷ current market cap $645.59M = 68.8%
68.8%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $348.38M ÷ current market cap $645.59M = 54.0%
54.0%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $17.25M ÷ annual revenue $110.02M (2025) = 15.7%
15.7%
Fail
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.
For information (AAOIFI 3/1 note): cash + receivables are 13.5% 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
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $5.27
- Third Avenue Management$19.5M3.1%
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
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.