Is Canadian Apartment Properties Real Estate Investment Trust a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Canadian Apartment Properties Real Estate Investment Trust using these criteria to determine its compliance status.

Can Muslims buy shares of Canadian Apartment Properties Real Estate Investment Trust?

Muslim investors may consider investing in Canadian Apartment Properties Real Estate Investment Trust if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

How often is the Shariah compliance for Canadian Apartment Properties Real Estate Investment Trust updated?

The Shariah compliance status of Canadian Apartment Properties Real Estate Investment Trust may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Where can I check the Shariah status of Canadian Apartment Properties Real Estate Investment Trust?

You can check the latest Shariah compliance status of Canadian Apartment Properties Real Estate Investment Trust on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

CAR.UN.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 17, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Canadian Apartment Properties Real Estate Investment Trust (CAR.UN.TO)

Based on 17 analysts giving stock ratings to Canadian Apartment Properties Real Estate Investment Trust in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Canadian Apartment Properties Real Estate Investment Trust. Stock Analysis CAR.UN.TO

Q: Is Canadian Apartment Properties Real Estate Investment Trust halal to invest in?

According to Musaffa's Shariah screening methodology, Canadian Apartment Properties Real Estate Investment Trust (CAR.UN.TO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Q: Why is Canadian Apartment Properties Real Estate Investment Trust classified as NOT HALAL?

Musaffa determines the Shariah status of Canadian Apartment Properties Real Estate Investment Trust by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

Q: Can a halal stock like Canadian Apartment Properties Real Estate Investment Trust become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Canada Real Estate Mid Cap Report: 2025 Annual

Canadian Apartment Properties Real Estate Investment Trust is an open-ended mutual fund trust, which engages in the management of interests in multi-unit residential real estate properties, including apartments, townhomes, and manufactured home communities. The company is headquartered in Toronto, Ontario. The firm owns and manages interests in multi-unit residential rental properties. The company owns approximately 45,500 residential apartment suites and townhomes that are well-located across Canada and the Netherlands. The firm's objectives are to maintain a focus on maximizing occupancy and responsibly growing occupied average monthly rent (Occupied AMR) in accordance with local conditions in each of its markets; upgrade the quality and diversification of the property portfolio through repositioning and capital recycling initiatives to grow earnings and cash flow potential; and maintain strong financial management and a conservative and well-balanced capital structure to increase FFO per unit, NAV per unit, among others.

Key Statistics of Canadian Apartment Properties Real Estate Investment Trust (CAR.UN.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD33.15CAD33.50

Today's Open

CAD33.37

Volume

358.75K

P/E Ratio (TTM)

26.20

52 Week Range

CAD33.15CAD46.29

Market Cap

5.61B

Avg. Volume

473.05K

Dividend Yield

4.61%

Financial Metrics & Statements of Canadian Apartment Properties Real Estate Investment Trust (CAR.UN.TO)

FAQ's for Canadian Apartment Properties Real Estate Investment Trust (CAR.UN.TO)

According to Musaffa’s Shariah screening methodology, Canadian Apartment Properties Real Estate Investment Trust (CAR.UN.TO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.