CAJTF Shariah Compliance
Screening Methodology: AAOIFI
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Canada Jetlines Operations Ltd. Stock Analysis CAJTF
Canada Jetlines Operations Ltd. operates as a carrier airline, utilizing a growing fleet of Airbus320 aircraft targeting a start in early 2022. The company is headquartered in Vancouver, British Columbia and currently employs 130 full-time employees. The firm's principal business activities included operating a value-focused leisure airline and providing Canadians with an option when flying to domestic, United States or Caribbean destinations. The firm uses its fleet to provide corporate customers and brokers charter services and aircraft, crew, maintenance and insurance (ACMI). The company is a tour operator with flights into sun destinations in the United States, Mexico and the Caribbean. The company operates through the development of a Canadian leisure and charter airline segment. The company provides vacation packages to Canadian destinations and beyond through partnerships with airports, CVBs, tourism entities, hotels, hospitality brands, and attractions. The company focuses on offering the operating economy, customer comfort and fly-by-wire technology, providing a guest centric experience. Canada Jetlines Vacations Ltd. (Jetlines Vacations) is its wholly owned subsidiary.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.