Apple Hospitality REIT Inc

APLE

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Real Estate
USA
Mid Cap

Apple Hospitality REIT Inc is not Shariah Compliant because of its involvement in Hospitality REITs0/5> and related activities.

-

Impure Income*

$1.385

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Mid Cap
HOLD
$13.13
5
-1.98%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
17.73%
12.42%
0.00
0.20
9.12%

Shariah Compliance

Debt
58.48%
Non-Compliant Assets
Impure Income
0.00%
-

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
49.02%
Impure Income
0.00%
-

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
51.07%
Impure Income
0.00%
-

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
33.65%
Cash
0.17%
Cash & AR
0.85%
Impure Income
0.00%
-

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
33.65%
Cash
0.17%
Cash & AR
0.85%
Impure Income
0.00%
-

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Apple Hospitality REIT, Inc. is a real estate investment trust that owns diverse portfolios of upscale, rooms-focused hotels in the United States. The Company’s portfolio consists of 217 hotels with approximately 29,600 guest rooms located in 84 markets throughout 37 states and the District of Columbia. The Company’s hotel portfolio consists of 96 Marriott-branded hotels, 115 Hilton-branded hotels, five Hyatt-branded hotels and one independent hotel. The hotels are operated and managed under separate management agreements with approximately 16 hotel management companies, none of which are affiliated with the Company. Its brands include Hilton Garden Inn, Hampton, Courtyard, Residence Inn, Homewood Suites, Fairfield, Home2 Suites, TownePlace Suites, Embassy Suites, AC Hotels, Hyatt Place, Hyatt House, Marriott, Independent, SpringHill Suites, Motto by Hilton, and Aloft Hotels. Its hotels are located in various states, including Arizona, California, Illinois, Louisiana, and others.

Found the Stock You’re Looking For? Open an Account Today!

Opening an account has never been easier! Please fill out the form here and an advisor will be in touch to walk you through the process!

Still have some further questions?