NWARF Shariah Compliance
Screening Methodology: AAOIFI
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Norwegian Air Shuttle ASA. Stock Analysis NWARF
Norwegian Air Shuttle ASA is an airline company, which engages in the provision of aviation, other transport, and travel-related activities. The company is headquartered in Lysaker, Akershus and currently employs 8,754 full-time employees. The company went IPO on 2003-12-18. Norwegian operates short-haul point-to-point flights within the Nordics and from the Nordics to Continental Europe. The Norwegian Group consists of the parent company, Norwegian Air Shuttle ASA, and its directly or indirectly owned subsidiaries in Norway, Sweden, Denmark, Finland, Ireland, Spain, Latvia and the United States. The Group’s organization is divided into five functional business areas. Network, Pricing & Optimization aims to optimize the profit and loss for the airline through network, pricing and operations planning. Product & Digital Development delivers user experiences across digital and physical touchpoints. Marketing, Sales & Customer Care seeks to optimize sales, distribution and marketing. Operations conducts commercial airline activities. Support Functions has four important support functions: Finance & Control, People, Information Technology & Business Services and Communications & Public Affairs.
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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.