Is Apollo Commercial Real Estate Finance, Inc. (ARI) halal? Not Halal. Based on AAOIFI screening, Apollo Commercial Real Estate Finance, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Apollo Commercial Real Estate Finance, Inc.

ARI: Is Apollo Commercial Real Estate Finance, Inc. Halal?

Not Halal

Apollo Commercial Real Estate Finance, Inc.

NYSEReal EstateUS

$11.00

+0.73%

About Apollo Commercial Real Estate Finance, Inc.

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance, Inc. was founded in 2009 and is based in New York, New York.

Sector: Real Estate 路 Industry: REIT - Mortgage

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited industry: REIT - Mortgage

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap564.1% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Financial Overview

Market Cap

1.5B

Price

$11.00

Sector

Real Estate

Industry

REIT - Mortgage

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Frequently Asked Questions

Is Apollo Commercial Real Estate Finance, Inc. (ARI) halal to invest in?
Apollo Commercial Real Estate Finance, Inc. (ARI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Apollo Commercial Real Estate Finance, Inc. get a F compliance rating?
Apollo Commercial Real Estate Finance, Inc. (ARI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 564.1% (limit 30%); interest-bearing deposits of 10.0% (limit 30%); prohibited income of 238.08% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Apollo Commercial Real Estate Finance, Inc.'s Shariah verdict?
Apollo Commercial Real Estate Finance, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Apollo Commercial Real Estate Finance, Inc. re-screened for Shariah compliance?
Apollo Commercial Real Estate Finance, Inc. (ARI) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.