
Is Marriott Vacations Worldwide (VAC) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Marriott Vacations Worldwide Corp. (VAC) does not meet the threshold for the non-permissible income and interest-bearing debt screens as of September 2026, so it is not Shariah compliant.
Marriott Vacations Worldwide is a leading global provider of vacation ownership, exchange, and rental services. Primarily focused on the leisure travel industry, its operations span multiple continents, offering a wide range of vacation experiences. The corporation manages and develops vacation ownership resorts, providing a diverse array of properties that cater to various traveler preferences and lifestyles. By owning Marriott and other branded resorts, it ensures high standards of luxury and service for its clientele. For Muslim investors, though, the most pressing question is simpler: is Marriott Vacations Worldwide a Halal investment?
Is Marriott Vacations Worldwide Shariah compliant?
For industrial companies like Marriott Vacations Worldwide, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Marriott Vacations Worldwide pass the business activity test?
The activity screen is only part of the picture this month: Marriott Vacations Worldwide currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Marriott Vacations Worldwide's income Halal?
No. Marriott Vacations Worldwide's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Marriott Vacations Worldwide meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



