Marcus & Millichap

MMI stock is not Shariah-compliant

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About Marcus & Millichap (MMI)

Marcus & Millichap is an investment brokerage company that provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. It offers commercial real estate investment sales, financing, research, and advisory services for various property types, as well as capital markets solutions and ancillary services like research, advisory, and consulting. The company was founded in 1971 and is headquartered in Calabasas, California.

Frequently asked questions

Is Marcus & Millichap (MMI) stock halal to invest in?
As of , MMI is not Shariah-compliant and is therefore not considered a halal investment. This assessment is based on the data available in Marcus & Millichap's most recent financial reports.
Does Marcus & Millichap have any interest income?
No, Marcus & Millichap has not reported any interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2025, Marcus & Millichap reported total revenue of 755156000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Marcus & Millichap stock is Shariah-compliant?
We use the guidelines set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) to assess Shariah compliance. AAOIFI is a leading international organization that establishes standards for Islamic finance. Their guidelines help determine if a company's business activities and financial structure align with Islamic principles. These standards are widely respected in the Islamic finance industry and provide a consistent framework for evaluating the Shariah compliance of stocks and other financial instruments. AAOIFI's Shariah board includes renowned scholars such as Sheikh Muhammad Taqi Usmani, Sheikh Mohamed Ali Elgari, Sheikh Abdullah AlManea, Sheikh Nizam Yaquby, and Dr. Aznan Hassan.
How often is Marcus & Millichap stock reviewed for Shariah compliance?
The Shariah compliance status of Marcus & Millichap stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Marcus & Millichap's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of MMI, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Marcus & Millichap stock considered halal?
No, dividends from MMI are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Marcus & Millichap shares?
If you hold Marcus & Millichap stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on investments can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculator for stocks. For a more seamless experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

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Shariah compliance data powered by the Zoya API. Chart by TradingView
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