Is Xior Student Housing (XIOR.BR) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Not settled. Xior Student Housing (XIOR.BR) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: The figures give 0.0% and 130.5%, on either side of the limit. Includes lease liabilities that may be ordinary rent, which AAOIFI does not count as borrowing. We show this as Needs Review rather than guess. Last checked 1 October 2026.
Xior Student Housing 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% | 130.53% | Review |
| Cash and interest-bearing investments | 30% | 0.48% | Pass |
| Prohibited income | 5% | — | Review |
| Not just cash and debts | 90% | 0.25% | Pass |
Key Findings & Observations
- The interest-bearing debt test couldn’t be settled: The figures give 0.0% and 130.5%, on either side of the limit. Includes lease liabilities that may be ordinary rent, which AAOIFI does not count as borrowing.Source: AAOIFI Shari'ah Standard 21
- The prohibited income test couldn’t be settled: Yahoo reports interest income of €11.8M, more than the company’s cash, investments and receivables could earn at 10% (€919.5K), so that figure was set aside. So the income test can’t be settled.Source: AAOIFI Shari'ah Standard 21
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Frequently Asked Questions about Xior Student Housing NV (XIOR.BR)
Is Xior Student Housing (XIOR.BR) stock halal?▾
Not settled. Xior Student Housing (XIOR.BR) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The interest-bearing debt test couldn’t be settled: The figures give 0.0% and 130.5%, on either side of the limit. Includes lease liabilities that may be ordinary rent, which AAOIFI does not count as borrowing. We show this as Needs Review rather than guess. Last checked 1 October 2026.
What is Xior Student Housing'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. Xior Student Housing's ratio is about 130.5%.
How much dividend purification is required for Xior Student Housing (XIOR.BR) stock?▾
No purification is required for Xior Student Housing based on its latest annual report.
Does Xior Student Housing 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. Xior Student Housing'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.
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