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Is Equinix, Inc. Sharia-compliant?

Passes our AAOIFI screen

Our automated screen of available data — not a fatwa or recommendation; confirm with your own scholar. Methodology

EQIX · Compliance score: 59/100 · AAOIFI 21
✓ Verified — corroborated by 2+ sources
Also held by Sharia-screened fund(s): SPUS, SPRE
⚠️ Early warning: close to the limit
  • One ratio is moderately close to its limit — worth watching.
  • Passes our screen: business is permissible and all computable financial ratios pass.
  • Non-permissible (interest) income is 2.1% of revenue, within the 5% limit.
  • Independently corroborated: also held by Sharia-screened fund(s) SPUS, SPRE, which apply scholar-supervised AAOIFI screening (including the income rule).

AAOIFI financial ratios

Debt vs market cap 21.5%
limit 30%
Cash + securities vs market cap 3.0%
limit 30%
Impure income vs market cap 2.1%
limit 5%

In plain English

  • Debt vs market cap is 21.5% — under the 30% limit
  • Cash + securities vs market cap is 3.0% — under the 30% limit
  • Impure income vs market cap is 2.1% — under the 5% limit

✓ = comfortably under the AAOIFI limit · ⚠️ = a financial ratio is approaching its AAOIFI limit (early warning) · ❌ = over the AAOIFI limit

🧮 Dividend purification
≈ 206.0% of any dividend should be given away (purified) — this is the estimated impure/interest portion.
Estimate only. Multiply by the dividend you actually received to get the amount to purify.
⏱️ This is a point-in-time verdict
🗓️ Checked
Compliance can change over time as a company's debt and income change. Re-check periodically.

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❓ Why this verdict? See the methodology & disclaimer

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