Presidio Property Trust, Inc. (SQFT) - Not Halal (Non-Compliant)
Presidio Property Trust, Inc. (SQFT) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Result
- Pass
- Reason
- The sector "Real Estate" and industry "REIT - Diversified" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1678.4% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 123.8% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.12%.Based on the company's financial statements, approximately 0.12% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.12% of total income). Some scholars may differ on the exact calculation method.
About Presidio Property Trust, Inc.
Presidio Property Trust, Inc. is an internally managed, diversified REIT with holdings in model home properties which are triple net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located primarily in the sun belt states. Presidio's office, industrial, and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California. Presidio Property Trust, Inc. was incorporated on September 28th, 1999 in Maryland and is based in San Diego, California.
Frequently Asked Questions
Is Presidio Property Trust, Inc. (SQFT) stock halal to invest in?
According to AAOIFI Shariah screening standards, Presidio Property Trust, Inc. (SQFT) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Presidio Property Trust, Inc. have any interest income?
Presidio Property Trust, Inc.'s interest income ratio is 123.8% of total revenue. AAOIFI standards require this to be below 30%.

