Musaffa Logo

Our certifications

Independent proof that every stock and portfolio meets halal standards.

How we screen every stock
METHODOLOGY

How we screen every stock

Our 5-step halal methodology, in 90 seconds.

IIPR Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 15, 2026

Report Source: 2026 1st Quarter Report

Analyst's Ratings for Innovative Industrial Properties Inc (IIPR)

Based on 11 analysts giving stock ratings to Innovative Industrial Properties Inc in the past 3 months

Strong
Sell
SellHoldBuyStrong
Buy
Strong Buy
0
Buy
9
Hold
46
Sell
18
Strong Sell
27
Innovative Industrial Properties Inc

Innovative Industrial Properties Inc. Stock Analysis IIPR

United States Real Estate Small Cap Report:
Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The company is headquartered in Park City, Utah and currently employs 23 full-time employees. The company went IPO on 2016-11-29. The firm is focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. The company acquires its properties through sale-leaseback transactions and third-party purchases. The firm owns approximately 109 properties comprising an aggregate of 9.0 million rentable square feet (including 666,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiary is IIP Operating Partnership, LP (Operating Partnership).
Read More

Innovative Industrial Properties Inc (IIPR) Chart

Key Statistics of Innovative Industrial Properties Inc (IIPR)

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

Today's Range

$58.92$60.89

Today's Open

$58.92

Volume

303.83K

P/E Ratio (TTM)

14.86

52 Week Range

$44.58$62.30

Market Cap

1.62B

Avg. Volume

451.42K

Dividend Yield

12.49%

Financial Metrics & Statements of Innovative Industrial Properties Inc (IIPR)

FAQ's for Innovative Industrial Properties Inc (IIPR)

  • According to Musaffa’s Shariah screening methodology, Innovative Industrial Properties Inc (IIPR) is currently classified as NOT HALAL as of May 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.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Innovative Industrial Properties Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Innovative Industrial Properties 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 Innovative Industrial Properties 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 Innovative Industrial Properties 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 Innovative Industrial Properties Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.