Diamondrock Hospitality Co

DRH

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

Diamondrock Hospitality Co is not Shariah Compliant because of its involvement in Hospitality REITs0/5> and related activities.

0.81%

Impure Income*

$0.011

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Mid Cap
BUY
$10.65
4
-1.62%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
14.61%
9.10%
0.00
1.29
18.18%

Shariah Compliance

Debt
56.17%
Non-Compliant Assets
Impure Income
0.81%

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
62.27%
Impure Income
0.81%

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
62.26%
Impure Income
0.81%

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
36.58%
Cash
2.27%
Cash & AR
6.85%
Impure Income
0.81%

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
36.58%
Cash
2.27%
Cash & AR
6.85%
Impure Income
0.81%

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
0.81%

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

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT). The Company owns a portfolio of geographically diversified hotels concentrated in leisure destinations and gateway markets. Its hotels are owned by subsidiaries of its operating partnership, DiamondRock Hospitality Limited Partnership. Its primary business is to acquire, own, renovate and asset manage hotel properties in the United States. The Company’s hotel properties include Chico Hot Springs Resort, Lake Austin Spa Resort, Kimpton Shorebreak Fort Lauderdale Beach Resort, Tranquility Bay, Bourbon Orleans Hotel, Henderson Beach Resort, Henderson Park Inn, Cavallo Point, Kimpton Palomar Phoenix, L’auberge De Sedona, Orchards Inn, Westin San Diego, and Havana Cabana, among others. It owns over 36 hotels and resorts with approximately 9,600 rooms. The Company has positioned its portfolio to be operated both under global brand families as well as independent boutique hotels in the lifestyle segment.

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