Is JOE halal?
St. Joe Company (The)
Halal
St. Joe Company (The) passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
68.41
Day
+0.97%
Market cap
$3.73B
Industry
Real Estate - Diversified
Sector
Real Estate
What the company does
St. Joe Company owns 170,000 acres in Northwest Florida: residential and commercial development, hotels/clubs and rental properties. Its money comes from land sales, hospitality and leasing.
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 $550.30M ÷ 36-month average market cap $3.19B = 17.3%
17.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $117.31M ÷ 36-month average market cap $3.19B = 3.7%
3.7%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $13.16M ÷ annual revenue $513.25M (2025) = 2.6%
2.6%
Pass
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: $3.73B.
For information (AAOIFI 3/1 note): cash + receivables are 11.6% 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
- Among halal stocks
- 0.01% · #635 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.93% · purify 2.6% · net 0.91%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $62.63
- Bruce BerkowitzFairholme Capital$1.1B76.4%
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- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.