Is Franklin BSP Realty Trust, Inc. (FBRT) halal? Not Halal. Based on AAOIFI screening, Franklin BSP Realty Trust, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Franklin BSP Realty Trust, Inc.

FBRT: Is Franklin BSP Realty Trust, Inc. Halal?

Not Halal

Franklin BSP Realty Trust, Inc.

NYSEReal EstateUS

$8.39

+0.60%

About Franklin BSP Realty Trust, Inc.

Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The company also originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure, and purchased for investment. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Sector: Real Estate 路 Industry: REIT - Mortgage

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 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 Cap668.2% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 17, 2026Fiscal: FY 2025Source: EDGAR

Financial Overview

Market Cap

645.7M

Price

$8.39

Sector

Real Estate

Industry

REIT - Mortgage

Halal Alternatives in Real Estate

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

Hotel101 Global Holdings Corp. Class A Ordinary Shares
HBNBA+

Hotel101 Global Holdings Corp. Class A Ordinary Shares

$5.85

+2.82%

Global Medical REIT Inc.
GMREA+

Global Medical REIT Inc.

$35.74

-1.24%

Maui Land & Pineapple Company, Inc.
MLPA+

Maui Land & Pineapple Company, Inc.

$16.45

-0.54%

NNN REIT, Inc.
NNNA+

NNN REIT, Inc.

$43.82

+1.39%

American Healthcare REIT, Inc.
AHRA+

American Healthcare REIT, Inc.

$46.38

-1.80%

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Frequently Asked Questions

Is Franklin BSP Realty Trust, Inc. (FBRT) halal to invest in?
Franklin BSP Realty Trust, Inc. (FBRT) 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 Franklin BSP Realty Trust, Inc. get a F compliance rating?
Franklin BSP Realty Trust, Inc. (FBRT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 668.2% (limit 30%); interest-bearing deposits of 29.0% (limit 30%); prohibited income of 3246.03% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Franklin BSP Realty Trust, Inc.'s Shariah verdict?
Franklin BSP Realty Trust, 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 Franklin BSP Realty Trust, Inc. re-screened for Shariah compliance?
Franklin BSP Realty Trust, Inc. (FBRT) 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 17, 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.