Is First Real Estate Investment Trust of New Jersey Inc halal to invest in?

As of November 2026, First Real Estate Investment Trust of New Jersey Inc FREVS 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.

Is First Real Estate Investment Trust of New Jersey Inc 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 First Real Estate Investment Trust of New Jersey Inc using these criteria to determine its compliance status.

Can Muslims buy shares of First Real Estate Investment Trust of New Jersey Inc?

Muslim investors may consider investing in First Real Estate Investment Trust of New Jersey 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.

Why is First Real Estate Investment Trust of New Jersey Inc classified as NOT HALAL?

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

How often is the Shariah compliance for First Real Estate Investment Trust of New Jersey Inc updated?

The Shariah compliance status of First Real Estate Investment Trust of New Jersey Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Where can I check the Shariah status of First Real Estate Investment Trust of New Jersey Inc?

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

Is First Real Estate Investment Trust of New Jersey Inc Stock Halal?

Shariah Compliance Analysis of FREVS Stock

United States Real Estate Micro Cap

No. As of November 2026, First Real Estate Investment Trust of New Jersey Inc (FREVS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Real Estate Investment Trust of New Jersey Inc does not pass Musaffa's business and financial screening criteria.

First Real Estate Investment Trust of New Jersey, Inc. engages in the acquisition, development, construction, and holding of real estate properties for long-term investment and not for resale. The company is headquartered in Hackensack, New Jersey and currently employs 19 full-time employees. The firm owns a portfolio of residential apartment and commercial properties. Its properties are primarily located in northern New Jersey and New York. The firm's segments include commercial properties and residential properties. The commercial properties segment contains five separate properties. Four of these properties are multi-tenanted retail centers and one is single tenanted. Its commercial properties include Glen Rock, Franklin Crossing, Westwood Plaza, Preakness Center, and Rockaway. The residential properties segment operates six multi-family apartment buildings or complexes totaling 792 apartment units, excluding the Pierre Towers property, which is a tenancy-in-common form of ownership (TIC). Its residential properties include Berdan Court, Regency Club, Steuben Arms, Westwood Hills, Boulders, and Station Place.

FREVS Shariah Compliance

Screening Methodology: AAOIFI

As of November 2026, First Real Estate Investment Trust of New Jersey Inc is classified as not halal.

NOT HALAL

First Real Estate Investment Trust of New Jersey Inc (FREVS) Chart

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Financial Metrics & Statements of First Real Estate Investment Trust of New Jersey Inc (FREVS)

FAQ's for First Real Estate Investment Trust of New Jersey Inc (FREVS)

As of November 2026, First Real Estate Investment Trust of New Jersey Inc FREVS 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 Real Estate Investment Trust of New Jersey Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in First Real Estate Investment Trust of New Jersey 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 Real Estate Investment Trust of New Jersey 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 Real Estate Investment Trust of New Jersey 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 Real Estate Investment Trust of New Jersey Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.