Is Sun Residential Real Estate Investment Trust halal to invest in?

According to Musaffa's Shariah screening methodology, Sun Residential Real Estate Investment Trust (SRES.V) is currently classified as NOT HALAL as of May 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 Sun Residential 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 Sun Residential Real Estate Investment Trust using these criteria to determine its compliance status.

Can Muslims buy shares of Sun Residential Real Estate Investment Trust?

Muslim investors may consider investing in Sun Residential 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.

Why is Sun Residential Real Estate Investment Trust classified as NOT HALAL?

Musaffa determines the Shariah status of Sun Residential 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.

How often is the Shariah compliance for Sun Residential Real Estate Investment Trust updated?

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

Can a halal stock like Sun Residential 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.

Where can I check the Shariah status of Sun Residential Real Estate Investment Trust?

You can check the latest Shariah compliance status of Sun Residential 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.

SRES.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 05, 2025

Report Source: 2025 1st Quarter Report

Sun Residential Real Estate Investment Trust. Stock Analysis SRES.V

Canada N/A Nano Cap Report: Q1, 2025

Sun Residential Real Estate Investment Trust engages in real estate investment trust activity. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-08-09. The Trust is focused on acquiring multifamily residential real estate assets in the Sunbelt region of the United States, where it owns controlling interest in a 288-unit multifamily residential property in Tallahassee, Florida. The firm's subsidiaries consist of SunResREIT US Inc., Sun Tudor, LLC, Sun Tudor, LP, and 51%-owned Westdale Evergreen Southwood, LLC.

Key Statistics of Sun Residential Real Estate Investment Trust (SRES.V)

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

Today's Range

CAD0.01CAD0.01

Today's Open

CAD0.01

Volume

1.00M

P/E Ratio (TTM)

16.13

52 Week Range

CAD0.01CAD0.11

Market Cap

20.33M

Avg. Volume

446.89K

Dividend Yield

40.57%

Financial Metrics & Statements of Sun Residential Real Estate Investment Trust (SRES.V)

FAQ's for Sun Residential Real Estate Investment Trust (SRES.V)

According to Musaffa’s Shariah screening methodology, Sun Residential Real Estate Investment Trust (SRES.V) is currently classified as NOT HALAL as of May 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.