What is SBA Communications Corporation's Shariah compliance score?

SBA Communications Corporation's (SBAC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does SBA Communications Corporation pass AAOIFI screening?

SBA Communications Corporation (SBAC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (SBAC: 63.5%), (3) interest-bearing deposits below 30% (SBAC: 1.3%), and (4) prohibited income below 5% (SBAC: 22.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for SBA Communications Corporation stock?

SBA Communications Corporation (SBAC) has a non-permissible income ratio of 22.44%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SBAC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen SBA Communications Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for SBA Communications Corporation (SBAC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about SBAC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is SBA Communications Corporation (SBAC) halal? Not Halal. Based on AAOIFI screening, SBA Communications Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

SBAC: Is SBA Communications Corporation Halal?

Not Halal

SBA Communications Corporation

NASDAQReal EstateUS

$191.57

-2.13%

AvoidBorderlineClean

About SBA Communications Corporation

SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.

Sector: Real Estate · Industry: REIT - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap63.5% / 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: FMP

Financial Overview

Market Cap

20.3B

Price

$191.57

Sector

Real Estate

Industry

REIT - Specialty

Halal Alternatives in Real Estate

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

HBNBA+

Hotel101 Global Holdings Corp. Class A Ordinary Shares

$5.85

+2.82%

GMREA+

Global Medical REIT Inc.

$35.74

-1.24%

MLPA+

Maui Land & Pineapple Company, Inc.

$16.45

-0.54%

NNNA+

NNN REIT, Inc.

$43.82

+1.39%

AHRA+

American Healthcare REIT, Inc.

$46.38

-1.80%

More Real Estate Stocks

PLD

Prologis, Inc.

B+

PSA

Public Storage

DLR

Digital Realty Trust, Inc.

Realty Income Corporation

SPG

Simon Property Group, Inc.

WELL

Welltower Inc.

Free · No credit card required

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Frequently Asked Questions

Is SBA Communications Corporation (SBAC) halal to invest in?

SBA Communications Corporation (SBAC) 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 SBA Communications Corporation get a F compliance rating?

SBA Communications Corporation (SBAC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 63.5% (limit 30%); interest-bearing deposits of 1.3% (limit 30%); prohibited income of 22.44% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change SBA Communications Corporation's Shariah verdict?

SBA Communications Corporation'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 SBA Communications Corporation re-screened for Shariah compliance?

SBA Communications Corporation (SBAC) 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 · 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.