RLJ Lodging Trust

RLJ

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

RLJ Lodging Trust is not Shariah Compliant because of its involvement in Hospitality REITs and related activities.

0.86%

Impure Income*

$0.019

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Small Cap
HOLD
$10.70
6
3.61%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
9.48%
2.12%
0.00
0.47
-600.00%

Shariah Compliance

Debt
100%
Non-Compliant Assets
Impure Income
0.86%

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
100%
Impure Income
0.86%

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
100%
Impure Income
0.86%

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
46.65%
Cash
7.52%
Cash & AR
8.19%
Impure Income
0.86%

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
46.65%
Cash
7.52%
Cash & AR
8.19%
Impure Income
0.86%

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
0.86%

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

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns approximately 92 premium-branded, rooms-oriented, urban-centric hotels. The Company’s brand affiliations include Marriott, which includes Courtyard, Residence Inn, Marriott, Fairfield Inn & Suites, Renaissance, SpringHill Suites, AC Hotel, Moxy and Tribute Portfolio; Hilton, which includes Embassy Suites, Hilton Garden Inn, DoubleTree/DoubleTree Suites by Hilton, Hampton Inn/Hampton Inn & Suites, Curio Collection, Homewood Suites, Hilton and Tapestry Collection; Hyatt, which includes Hyatt House, Hyatt Place and Hyatt Centric, and Wyndham. Its hotel properties are Embassy Suites Birmingham, Embassy Suites Phoenix – Biltmore, Courtyard San Francisco, Embassy Suites Milpitas Silicon Valley, Hilton Cabana Miami Beach, Hilton Garden Inn Los Angeles Hollywood, Hilton Garden Inn San Francisco Oakland Bay Bridge, Courtyard Midway Airport, Pierside Santa Monica, and Hyatt Centric Midtown Atlanta.