Is Primary Health Properties (PHP.L) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Not settled. Primary Health Properties (PHP.L) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: Only an upper estimate is available, and it is over the limit. No debt figure was reported, so total liabilities are used as an upper bound. We show this as Needs Review rather than guess. Last checked 23 September 2026.
Primary Health Properties needs further review under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 140.41% | Review |
| Cash and interest-bearing investments | 30% | 3.18% | Pass |
| Prohibited income | 5% | 1.79% | Pass |
| Not just cash and debts | 90% | 1.97% | Pass |
Key Findings & Observations
- The interest-bearing debt test couldn’t be settled: Only an upper estimate is available, and it is over the limit. No debt figure was reported, so total liabilities are used as an upper bound.Source: AAOIFI Shari'ah Standard 21
Get an email when verdicts change
One email a month. No spam, unsubscribe any time.
Frequently Asked Questions about Primary Health Properties Plc (PHP.L)
Is Primary Health Properties (PHP.L) stock halal?▾
Not settled. Primary Health Properties (PHP.L) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: Only an upper estimate is available, and it is over the limit. No debt figure was reported, so total liabilities are used as an upper bound. We show this as Needs Review rather than guess. Last checked 23 September 2026.
What is Primary Health Properties's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Primary Health Properties's ratio is at most 140.4%.
How much dividend purification is required for Primary Health Properties (PHP.L) stock?▾
Under AAOIFI Shari’ah Standard 21, shareholders should give away the part of their income that comes from prohibited sources: £0.0015 per share for the latest financial year. The amount goes to charity, without counting it as one's own donation.
Does Primary Health Properties operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Primary Health Properties's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
Other Halal & Shariah-compliant Real Estate Stocks
Explore other screened equities in the Real Estate sector.
Track your entire portfolio for Halal / Islamic compliance
Check whether your stocks, ETFs, and 401(k) holdings comply with AAOIFI Shari’ah Standard 21. Save stocks and keep every holding’s verdict in one place.