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CLDT – Chatham Lodging Trust

Not Compliant

Chatham Lodging Trust is not Shariah Compliant because of its involvement in Hotels and related activities.

Chatham Lodging Trust is a real estate investment trust (REIT). The Company is focused primarily on investing in upscale, extended-stay hotels and premium branded, select-service hotels. All of the Company’s assets are held by, and all of its operations are conducted through Chatham Lodging, L.P. (the Operating Partnership). The Company owns approximately 38 hotels totaling 5,735 rooms/suites in 16 states and the District of Columbia. The Company invests in premium select-service hotels, such as Courtyard by Marriott, Hampton Inn, Hampton Inn and Suites by Hilton, Hyatt Place and Hilton Garden Inn by Hilton. The service and amenity offerings of these hotels typically include complimentary breakfast or a smaller for pay breakfast or evening dining option, high-speed Internet access, local calls, in-room movie channels, and linen and room cleaning service.

AAOIFI ✗

Debt ÷ Market cap (MC)100.19
Non-Compliant Assets ÷ MC254.08