Is Forestar Group, Inc. FOR stock halal to invest in?

No, as of August 2026, Forestar Group, Inc. stock (FOR) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Forestar Group, Inc. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Forestar Group, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Forestar Group, Inc. FOR reviewed for Shariah compliance?

Tabadulat reviews Forestar Group, Inc. FOR for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Forestar Group, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Forestar Group, Inc. FOR pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Forestar Group, Inc. stock (FOR) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Forestar Group, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Forestar Group, Inc. FOR pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Forestar Group, Inc. stock (FOR) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Forestar Group, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Forestar Group, Inc. FOR pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Forestar Group, Inc. stock (FOR) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Forestar Group, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Forestar Group, Inc. FOR stock?

Forestar Group, Inc. (FOR) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Forestar Group, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Forestar Group, Inc. FOR pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Forestar Group, Inc. stock (FOR) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Forestar Group, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Forestar Group, Inc.

NYSE

Shariah-Compliant

Not Shariah

FOR

About

Forestar Group, Inc.

FOR

Forestar Group Inc. is a real estate and land development company primarily focused on residential community development. Based in the United States, Forestar Group's operations encompass the acquisition and development of real estate properties, with a strategic emphasis on delivering finished residential lots to homebuilders. It operates in various high-growth markets, where demographic and economic trends support strong demand for new housing. The company's core activities include land acquisition, entitlement, and development, where it transforms raw land into developed, sellable lots. Forestar Group works closely with regional and national homebuilders, ensuring the provision of ready-to-build sites that facilitate the construction of new homes. This collaboration underscores its role as a critical intermediary in the housing supply chain, aligning with homebuilders' needs to efficiently deliver homes to the market. Forestar Group's market significance is highlighted by its integration with D.R. Horton, Inc., one of America’s leading homebuilding companies, providing Forestar with a strategic advantage in aligning land development with significant homebuilding operations. Through this alignment, Forestar contributes substantially to the housing industry's capacity to meet ongoing and future demand for residential properties.

Sector:

Real Estate

Industry:

Real Estate - Development

Employees:

433

Website:

https://www.forestar.com

FOR

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Forestar Group, Inc.

About

Forestar Group, Inc.

FOR

Frequently asked questions

Is Forestar Group, Inc. FOR stock halal to invest in?

How often is Forestar Group, Inc. FOR reviewed for Shariah compliance?

Does Forestar Group, Inc. FOR pass the AAOIFI Non Permissible Income criteria?

Does Forestar Group, Inc. FOR pass the AAOIFI Interest Bearing Investments criteria?

Does Forestar Group, Inc. FOR pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Forestar Group, Inc. FOR stock?

Does Forestar Group, Inc. FOR pass the AAOIFI Preference Share screen?

Can I buy Forestar (FOR) stock on Tabadulat?

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