Is Global Medical REIT Inc. (GMRE) halal? Halal. Based on AAOIFI screening, Global Medical REIT Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).

Global Medical REIT Inc.

GMRE: Is Global Medical REIT Inc. Halal?

Halal

Global Medical REIT Inc.

NYSEReal EstateUS

$35.74

-1.24%

About Global Medical REIT Inc.

Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.

Sector: Real Estate 路 Industry: REIT - Healthcare Facilities

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
A+

Excellent

Exceptionally strong compliance

98Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%

Compliance History

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: FY 2025Source: FMP

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Financial Overview

Market Cap

478.1M

Price

$35.74

Sector

Real Estate

Industry

REIT - Healthcare Facilities

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Frequently Asked Questions

Is Global Medical REIT Inc. (GMRE) halal to invest in?
Based on AAOIFI Standard 21 screening, Global Medical REIT Inc. (GMRE) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Global Medical REIT Inc. get a A+ compliance rating?
Global Medical REIT Inc. (GMRE) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 1.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Global Medical REIT Inc.'s Shariah verdict?
Global Medical REIT 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 Global Medical REIT Inc. re-screened for Shariah compliance?
Global Medical REIT Inc. (GMRE) 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.