Is CubeSmart (CUBE) halal? Not Halal. Based on AAOIFI screening, CubeSmart passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

CubeSmart

CUBE: Is CubeSmart Halal?

Not Halal

CubeSmart

NYSEReal EstateUS

$39.43

+0.25%

About CubeSmart

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

Sector: Real Estate 路 Industry: REIT - Industrial

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap38.7% / 30.0%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

  3. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: Q1 2026Source: EDGAR

Financial Overview

Market Cap

9.0B

Price

$39.43

Sector

Real Estate

Industry

REIT - Industrial

Halal Alternatives in Real Estate

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

Hotel101 Global Holdings Corp. Class A Ordinary Shares
HBNBA+

Hotel101 Global Holdings Corp. Class A Ordinary Shares

$5.85

+2.82%

Global Medical REIT Inc.
GMREA+

Global Medical REIT Inc.

$35.74

-1.24%

Maui Land & Pineapple Company, Inc.
MLPA+

Maui Land & Pineapple Company, Inc.

$16.45

-0.54%

NNN REIT, Inc.
NNNA+

NNN REIT, Inc.

$43.82

+1.39%

American Healthcare REIT, Inc.
AHRA+

American Healthcare REIT, Inc.

$46.38

-1.80%

More Real Estate Stocks

PLD

Prologis, Inc.

B+

PSA

Public Storage

A

DLR

Digital Realty Trust, Inc.

F

O

Realty Income Corporation

F

SPG

Simon Property Group, Inc.

F

WELL

Welltower Inc.

A
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Frequently Asked Questions

Is CubeSmart (CUBE) halal to invest in?
CubeSmart (CUBE) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did CubeSmart get a F compliance rating?
CubeSmart (CUBE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 38.7% (limit 30%); interest-bearing deposits of 0.1% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change CubeSmart's Shariah verdict?
CubeSmart's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is CubeSmart re-screened for Shariah compliance?
CubeSmart (CUBE) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.