Is Equity LifeStyle Properties, Inc. (ELS) halal? Doubtful. Based on AAOIFI screening, Equity LifeStyle Properties, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 71/100 (Grade: B+).

ELS: Is Equity LifeStyle Properties, Inc. Halal?
DoubtfulEquity LifeStyle Properties, Inc.
$61.45
+1.12%
About Equity LifeStyle Properties, Inc.
We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of January 25, 2021, we own or have an interest in 423 quality properties in 33 states and British Columbia consisting of 161,229 sites.
Sector: Real Estate 路 Industry: REIT - Residential
Why This Stock Is Doubtful
- Debt is 27.0% of market cap, only 3.0 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Good
Good compliance with minor concerns
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Doubtfulnow
since Jun 2026
Not Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your ELS Dividends
1.2% non-compliant incomeELS has 1.2% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
11.9B
Price
$61.45
Sector
Real Estate
Industry
REIT - Residential
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Frequently Asked Questions
Is Equity LifeStyle Properties, Inc. (ELS) halal to invest in?
Why did Equity LifeStyle Properties, Inc. get a B+ compliance rating?
What could change Equity LifeStyle Properties, Inc.'s Shariah verdict?
How often is Equity LifeStyle Properties, Inc. re-screened for Shariah compliance?
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.