Box Inc

BOX

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Technology
USA
Mid Cap

Box Inc is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

0.97%

Impure Income*

$0.021

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Mid Cap
BUY
$32.54
11
10.74%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
8.15%
9.80%
0.00
1.11
9.43%

Shariah Compliance

Debt
12.78%
Non-Compliant Assets
2.78%
Impure Income
0.97%

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
10.77%
Impure Income
0.97%

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
10.35%
Impure Income
0.97%

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
31.77%
Cash
26.65%
Cash & AR
40.18%
Impure Income
0.97%

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
31.77%
Cash
26.65%
Cash & AR
40.18%
Impure Income
0.97%

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
0.97%

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

Box, Inc. is an intelligent content management (ICM) provider. The Company offers Web, mobile and desktop applications of its solution on a single platform, as well as the ability to develop custom applications. Its capabilities include advanced data protection and compliance, modern workflow and collaboration experiences, a flexible and interoperable platform, and integration with advanced artificial intelligence (AI) models. Its advanced data protection and compliance capabilities include global cloud architecture, enterprise-grade security, intelligent threat detection and smart access with Box Shield, and a comprehensive data governance strategy. Its modern workflow and collaboration experiences include intelligent, no-code apps; connected forms; electronic signatures, intelligent portals and automated document generation. Its integration with advanced AI models includes AI platforms, user controls, intelligent documents and model neutrality.