Nomura Real Estate Holdings, Inc. (3231.T) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.
⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. 3231.T files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 199.72% | 30.00% | Fail |
| Interest-bearing investments | 21.21% | 30.00% | Pass |
| Non-permissible income | 0.03% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 56.88% | 33.00% | Fail |
| Interest-bearing investments | 6.04% | 33.00% | Pass |
| Non-liquid assets | 92.60% | at least 20.00% | Pass |
| Non-permissible income | 0.03% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 56.88% | 33.33% | Fail |
| Cash + interest-bearing securities | 6.04% | 33.33% | Pass |
| Accounts receivable | 7.40% | 33.33% | Pass |
| Non-permissible income | 0.03% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 56.88% | 33.33% | Fail |
| Cash + interest-bearing securities | 6.04% | 33.33% | Pass |
| Accounts receivable | 7.40% | 50.00% | Pass |
| Non-permissible income | 0.03% | 5.00% | Pass |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 208.36% | 33.00% | Fail |
| Cash + interest-bearing securities | 22.13% | 33.00% | Pass |
| Accounts receivable | 4.98% | 33.00% | Pass |
| Non-permissible income | 0.03% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 222.17% | 33.00% | Fail |
| Cash + interest-bearing securities | 23.59% | 49.00% | Pass |
| Accounts receivable | 5.31% | 49.00% | Pass |
| Non-permissible income | 0.03% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 222.17% | 33.33% | Fail |
| Cash + interest-bearing securities | 23.59% | 33.33% | Pass |
| Accounts receivable | 28.90% | 49.00% | Pass |
| Non-permissible income | 0.03% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 40.50 | NEUTRAL |
| Stochastic %K (14) | 1.92 | BUY |
| CCI (20) | -110.75 | BUY |
| Williams %R (14) | -98.08 | BUY |
| MACD (12,26,9) | -1.95 | SELL |
| ROC (10) | -2.76 | SELL |
| Momentum (10) | -25.80 | SELL |
| EMA (10) | 922.00 | SELL |
| SMA (10) | 926.79 | SELL |
| EMA (20) | 925.00 | SELL |
| SMA (20) | 925.36 | SELL |
| EMA (30) | 926.83 | SELL |
| SMA (30) | 921.59 | SELL |
| EMA (50) | 931.36 | SELL |
| SMA (50) | 933.13 | SELL |
| EMA (100) | 943.36 | SELL |
| SMA (100) | 942.72 | SELL |
| EMA (200) | 954.48 | SELL |
| SMA (200) | 973.22 | SELL |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Real Estate · Real Estate - Development
Nomura Real Estate Holdings, Inc. operates as a real estate company in Japan and internationally. The company develops, leases, and manages office buildings, commercial facilities, logistics facilities, hotels, and other properties; develops and sells condominiums and detached houses; operates housing with services for the elderly; develops rental properties; provides Internet advertising services for housing and living assistance services; and offers consignment services for planning and management for commercial facilities. It also provides asset management services for real estate securitization, including REITs and private placement funds; and real estate brokerage and consulting, insurance agency, and real estate information website management services. In addition, the company engages in the management of properties, such as condominiums and educational facilities; provision of renovation and repair work for tenants; remodeling of condominiums and housing; and provision of cleaning services for condominiums and office buildings. Further, it participates in, promotes, and supports urban development projects and reconstruction of housing complexes; and manages fitness clubs. Nomura Real Estate Holdings, Inc. was founded in 1957 and is headquartered in Tokyo, Japan.
Background via Yahoo Finance — informational, not part of the verdict.
Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.
Based on the filing period ending 2026-03-31, figures in JPY.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.