Summit Hotel Properties Inc INN
$6.16
Last Updated: Aug 21, 12:00 AM·NYSE
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INN Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Summit Hotel Properties Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Summit Hotel Properties Inc. Stock Analysis INN
United States Real Estate Small Cap Summit Hotel Properties, Inc. is a real estate investment trust focused on owning premium-branded lodging facilities with efficient operating models primarily in the upscale segment of the lodging industry. The company is headquartered in Austin, Texas and currently employs 78 full-time employees. The company went IPO on 2011-02-09. The firm is focused on owning premium-branded lodging facilities with operating models primarily in the upscale segment of the lodging industry. Its portfolio consists of over 94 assets, 52 of which are wholly owned, with a total of 14,226 guestrooms located in 24 states. Its lodging properties are located in markets with multiple demand generators, such as corporate offices and headquarters, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. Its guestrooms operate under franchise brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide (Hilton), Hyatt Hotels Corporation (Hyatt), and InterContinental Hotels Group (IHG). The company holds both general and limited partnership interests in Summit Hotel OP, LP (the Operating Partnership). Substantially, all of its assets are held by, and all of its operations are conducted through, the Operating Partnership.
Summit Hotel Properties Inc (INN) Chart
Financial Metrics & Statements of Summit Hotel Properties Inc (INN)
FAQ's for Summit Hotel Properties Inc (INN)
- As of August 2026, Summit Hotel Properties Inc INN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Summit Hotel Properties Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Summit Hotel Properties Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Summit Hotel Properties Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Summit Hotel Properties Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Summit Hotel Properties Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.