CUBE – CubeSmart

Not Compliant

CubeSmart is not Shariah Compliant because of its involvement in 0 and related activities.

CubeSmart is a self-administered and self-managed real estate company. It is engaged in the ownership, operation, management, acquisition, and development of self-storage properties in the United States. It owns 611 self-storage properties located in 24 states and in the District of Columbia containing an aggregate of approximately 44.1 million rentable square feet. It owns stores in the District of Columbia and its 24 states include Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, and Virginia. It also manages 668 stores for third parties, including 77 stores containing an aggregate of approximately 5.6 million net rentable square feet as part of six separate unconsolidated real estate ventures. Its self-storage properties offer storage space for its residential and commercial customers.

AAOIFI ✗

Debt ÷ Market cap (MC)30.67
Non-Compliant Assets ÷ MC61.25