VAC – Marriott Vacations Worldwide Corp

Not Compliant

Marriott Vacations Worldwide Corp is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.

Marriott Vacations Worldwide Corporation is a vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. The Company’s segments include Vacation Ownership, and Exchange & Third-Party Management. Its Vacation Ownership segment develops, markets, sells, finances, rents, and manages vacation ownership and related products under its licensed brands. Its Exchange & Third-Party Management segment provide services through a range of brands, including Interval International, Trading Places International, Vacation Resorts International and Aqua-Aston. The Company is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Residence Club brands, as well as under Marriott Vacation Club Pulse, an extension of the Marriott Vacation Club brand.

AAOIFI ✗

Debt ÷ Market cap (MC)144.81
Non-Compliant Assets ÷ MC66.45
Impure Income (incl. Interest)9.44
Impure Income%
Interest Income9.44%
Total9.44%

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