MNR – Monmouth Real Estate Investment Corp

✘ NOT COMPLIANT

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Commercial REITs | USA

Business: PASS

Monmouth Real Estate Investment Corp has cleared the Business screen. Its business activity is compliant with the Shariah standard. If you find this result mistaken or questionable, let us know in the comments.

Financials: FAIL

The financials fail all the three standards we check against.

FTSE

AAOIFI

DJIM

Total Analysts: 2

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Monmouth Real Estate Investment Corporation is a real estate investment trust (REIT). The Company’s primary business is the ownership of real estate. Its investment focus is to own single-tenant, industrial buildings, leased primarily to investment-grade tenants or their subsidiaries on long-term net leases. The Company owns a portfolio of REIT securities. The Company’s property portfolio consists of approximately 120 properties, containing a total of approximately 24.5 million rentable square feet, which is located across over 31 states, including Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin.

✘ NOT COMPLIANT

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