HSBC Holdings plc

0005
Failed

Company Overview

HSBC is one of the world's largest banks and financial services institutions. It strives to create long-term value for shareholders and seize business opportunities. HSBC values: HSBC's values clearly define who we are and play a key role in our long-term success. We value differences: Involve opinions, brainstorm ideas We Succeed Together: Collaborating Across Borders, Walking Hand in Hand We take responsibility: mutual accountability, long-term vision Our mission must be achieved: fast pace, dreams come true Group Strategy: HSBC's strategy revolves around four main areas, driving our ambition to become our clients' preferred international financial partner. Focus on the Group's strengths: In various global businesses, we continue to focus on the areas where the Group has the greatest strengths and opportunities for growth. Large-scale digitalization: The Group continues to invest in technology and business operations capabilities to drive operational productivity and provide a better customer experience in all businesses and regions. Adding impetus to growth: The Group establishes a dynamic and inclusive culture to help colleagues develop future skills and enhance their strength. Transition to net zero carbon emissions: We are driving the transition to a net zero carbon economy through group transformation while supporting our customers' transition. Global network: Through a global business network in 62 countries and regions, HSBC serves approximately 39 million customers worldwide. Our clients include individual depositors and investors, as well as large global corporations, governments and international organizations. The Group aims to connect customers with business opportunities and help them implement their ambitions. Global business: We serve our customers through our three major global businesses. In various global businesses, we focus on areas with unique advantages and significant growth opportunities, and focus on expanding these areas. Wealth Management and Personal Banking: We help millions of customers handle their daily finances, as well as manage, protect and grow their wealth. Commercial Finance: Our global network and expertise help local and international businesses around the world realize their potential. Global banking and capital markets: We provide a full range of financial services and products for corporate, government and institutional clients.

Country
HK
Market Cap
$144.98B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
50.92% failed
5% Threshold
50.9%
Liabilities Compliance
243.92% failed
33% Threshold
243.9%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name HSBC Holdings plc
Ticker 0005
Main Business Banks—Diversified
Type Common Stock
Industry Banks—Diversified
Country HK
Market Cap $144.98 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Wealth Management & Personal Banking $22,200.0 $22,200.0 Banking
Industrial and commercial finance $16,200.0 $16,200.0 finance
Global Banking and Capital Markets $15,270.0 $15,270.0 BankingCapital Markets
Enterprise center $-1,930.0 $0.0 -
Interest income $0.0 $0.0 -
Total $51,740.0 $53,670.0 50.92% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
subordinated debt $24,950,000,000.0 17.21%
bonds issued $93,920,000,000.0 64.78%
derivative financial liability $234,770,000,000.0 161.93%
Total Interest-Bearing Debt $353,640,000,000.0 243.92%
Market Capitalization $144,980,769,230.8 100.00%
Compliance Status Threshold: 33% failed