BOX

What You Should Know

Box, Inc. provides a cloud content-management platform that lets businesses store, share, secure, and collaborate on files and documents, earning recurring subscription revenue. Selling enterprise content software is a permissible activity with no haram revenue line. Box has used some debt and convertible financing as part of its capital structure and buybacks, so the total-debt-to-market-cap ratio should be confirmed against the 33% threshold, but it generally screens as compliant. Interest income on cash is incidental and should be checked against the 5% threshold and purified.