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Shariah compliance overview

Not Halal

Alexander's, Inc. (ALX) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Alexander's, Inc.

Alexander’s, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties. Alexander’s activities are conducted through its manager, Vornado Realty Trust.

Alexander's, Inc. (ALX) operates in the Real Estate sector, in the REIT - Retail industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt.

Business Activity
6.43%Limit 5%Fail
Interest-bearing debt
70.89%Limit 30%Fail
Interest-bearing securities and assets
10.95%Limit 30%Pass
Dividend purification
6.43%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Alexander's, Inc. (ALX). Current Akinda screening label: Not Halal.