What is Public Storage's Shariah compliance score?

Public Storage (PSA) has a Shariah compliance score of 80/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Public Storage pass AAOIFI screening?

Public Storage (PSA) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (PSA: 18.4%), (3) interest-bearing deposits below 30% (PSA: 0.6%), and (4) prohibited income below 5% (PSA: 0.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Public Storage stock?

Public Storage (PSA) has a non-permissible income ratio of 0.77%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PSA shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Public Storage for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Public Storage (PSA) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PSA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Public Storage (PSA) halal? Halal. Based on AAOIFI screening, Public Storage passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

PSA: Is Public Storage Halal?

Halal

Public Storage

NYSEReal EstateUS

$312.58

+1.13%

AvoidBorderlineClean

Purify ~0.8% of income

About Public Storage

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.

Sector: Real Estate · Industry: REIT - Industrial

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026

Very Good

Strong compliance across all metrics

80Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap18.4% / 30.0%

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above

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

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

Purify Your PSA Dividends

0.8% non-compliant income

PSA has 0.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

54.9B

Price

$312.58

Sector

Real Estate

Industry

REIT - Industrial

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Frequently Asked Questions

Is Public Storage (PSA) halal to invest in?

Based on AAOIFI Standard 21 screening, Public Storage (PSA) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Public Storage get a A compliance rating?

Public Storage (PSA) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.4% (limit 30%); interest-bearing deposits of 0.6% (limit 30%); prohibited income of 0.77% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Public Storage's Shariah verdict?

Public Storage'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 Public Storage re-screened for Shariah compliance?

Public Storage (PSA) 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 · 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.