As of August 2026, First Industrial Realty Trust Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
First Industrial Realty Trust Inc. Stock Analysis FR
United States Real Estate Mid Cap
First Industrial Realty Trust, Inc. is a real estate company, which engages in the ownership, management, acquisition, sale, development, and redevelopment of industrial real estate. The company is headquartered in Chicago, Illinois and currently employs 151 full-time employees. The firm owns, operates, develops and acquires logistics properties. The Company, through its fully integrated operating and investing platform, provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. Its portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. The firm owns and has under development approximately 69.5 million square feet of industrial space. Its tenants are engaged in a variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other. Through a wholly owned TRS of the Operating Partnership, it owns an equity interest in a joint venture.
First Industrial Realty Trust Inc (FR) Chart
Financial Metrics & Statements of First Industrial Realty Trust Inc (FR)
FAQ's for First Industrial Realty Trust Inc (FR)
As of August 2026, First Industrial Realty Trust Inc FR is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes First Industrial Realty Trust Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in First Industrial Realty Trust Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of First Industrial Realty Trust Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of First Industrial Realty Trust Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of First Industrial Realty Trust Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for First Industrial Realty Trust Inc (FR)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.