What is Public Storage's Shariah compliance score?

Public Storage (PSA) has a Shariah compliance score of 81/100 (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: 18.0%), (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).

PSA: Is Public Storage Halal?

Public Storage

NYSEReal EstateUS

$318.04

+3.12%

Market Cap: 55.8B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Very Good

81Score

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 81/100 (Grade: A).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

18.0% of 30.0% limit

What this means for you

You can own PSA

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.8% of your income from PSA

That is about $0.80 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Public Storage

Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.

Sector: Real Estate · Industry: REIT - Industrial

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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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 18.0% (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: Jul 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.