Kite Realty Group Trust

KRG

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Real Estate
USA
Mid Cap

Kite Realty Group Trust is not Shariah Compliant because it fails the financial ratios.

-

Impure Income*

$0.980

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Mid Cap
BUY
-8.03%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
23.09%
36.18%
0.92
-40.44%

Shariah Compliance

  • Updated on September 22, 2026
Debt
54.66%
✗
Non-Compliant Assets
✓
Impure Income
0.00%
-

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
55.68%
✗
Impure Income
0.00%
-

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
54.6%
✗
Impure Income
0.00%
-

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
45.37%
✗
Cash
2.31%
✓
Cash & AR
5.54%
✓
Impure Income
0.00%
-

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
45.37%
✗
Cash
2.31%
✓
Cash & AR
5.54%
✓
Impure Income
0.00%
-

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Kite Realty Group Trust is a real estate investment trust (REIT). The Company, through its subsidiary, Kite Realty Group, L.P., is engaged in the ownership, operation, acquisition, development and redevelopment of open-air, grocery-anchored shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in Sun Belt and various markets in the United States. It collects contractual rents and reimbursement payments from tenants under existing lease agreements at each of its properties. It owns interests in approximately 169 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.3 million square feet of gross leasable area. Of the 169 operating retail properties, 10 contain an office component. It also owns one development project under construction. Its subsidiaries also include 3503 RP Carillon 1A Apartment, L.L.C., Brentwood Land Partners, LLC, Carmel Corner Holdings, LLC and Kite Eagle Creek, LLC, among others.

Found the Stock You’re Looking For? Open an Account Today!

Opening an account has never been easier! Please fill out the form here and an advisor will be in touch to walk you through the process!

Still have some further questions?

Schedule a Free Consultation