Is Northview Residential REIT halal to invest in?

According to Musaffa's Shariah screening methodology, Northview Residential REIT (NRR.UN.TO) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Northview Residential REIT 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 Northview Residential REIT using these criteria to determine its compliance status.

Can Muslims buy shares of Northview Residential REIT?

Muslim investors may consider investing in Northview Residential REIT 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 Northview Residential REIT classified as NOT HALAL?

Musaffa determines the Shariah status of Northview Residential REIT 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 Northview Residential REIT updated?

The Shariah compliance status of Northview Residential REIT may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Northview Residential REIT 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.

Where can I check the Shariah status of Northview Residential REIT?

You can check the latest Shariah compliance status of Northview Residential REIT on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NRR.UN.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 26, 2025

Report Source: 2025 1st Quarter Report

Analyst's Ratings for Northview Residential REIT (NRR.UN.TO)

Based on 8 analysts giving stock ratings to Northview Residential REIT in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Northview Residential REIT. Stock Analysis NRR.UN.TO

Canada Real Estate Nano Cap Report: Q1, 2025

Northview Residential REIT is a closed-end fund. The firm is engaged in acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. The firm's properties include multi-residential properties, commercial properties, and execusuite properties. Its multi-residential properties include Dawson Townhomes, Ridgeview Apartments, Parkview Apartments, Tuscany Manor, County Squire A and B, Willowbrook Townhomes, and Centurion Estates, among others. Its commercial properties include the Franklin Manor Building, Bristol Court Sun Life, Blackstone Federal Building, Mack Travel Building, Shoppers Drug Mart, NWT Commerce Place, and others. Its execusuite properties include Inuvik Capital Suites, Capital Suites, and Iqualit Capital Suites. Its portfolio consists of approximately 302 multi-residential properties, 76 commercial properties, and 3 execusuites properties.

Key Statistics of Northview Residential REIT (NRR.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

CAD16.60CAD16.75

Today's Open

CAD16.60

Volume

908.00

P/E Ratio (TTM)

1.16

52 Week Range

CAD15.07CAD17.66

Market Cap

63.15M

Avg. Volume

5283.61

Dividend Yield

62.19%

Financial Metrics & Statements of Northview Residential REIT (NRR.UN.TO)

FAQ's for Northview Residential REIT (NRR.UN.TO)

According to Musaffa’s Shariah screening methodology, Northview Residential REIT (NRR.UN.TO) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.