China Construction Bank Corporation

0939
Failed

Company Overview

China Construction Bank Co., Ltd. is a leading large commercial bank in China, headquartered in Beijing. Its predecessor, the People's Construction Bank of China, was founded in October 1954. The Bank was listed on the Hong Kong Stock Exchange in October 2005 (stock code 939) and on the Shanghai Stock Exchange in September 2007 (stock code 601939). The Bank's market capitalization at the end of 2022 was approximately US$158.541 billion, ranking fourth among the world's listed banks. In order of Tier 1 capital, the Group ranks second among global banks. We provide customers with comprehensive financial services such as corporate finance business, personal finance business, capital asset management business, etc. It has 14,356 branches, 352,588 employees, and serves 739 million individual customers and 9.35 million corporate customers. It has subsidiaries in various industries such as funds, leasing, trusts, insurance, futures, pensions, investment banking, etc., and the subsidiary has 24,094 employees. Overseas institutions cover 31 countries and regions, and there are nearly 200 overseas institutions at all levels. The Group adheres to the complete, accurate and comprehensive implementation of the new development concept, constructs a new development pattern, consciously implements the political and popular nature of financial work, focuses on the “three major tasks”, continuously enhances the “three capabilities”, continues to deepen new financial actions, further promotes the “three major strategies” of housing leasing, inclusive finance, and fintech, and deeply cultivate smart government, rural revitalization, green development, pension health, consumer finance, consumer finance, and key areas of national economy and people's livelihood such as customers, shareholders, employees, etc. maximize , striving to write a new chapter in Chinese-style modernization of finance.

Country
HK
Market Cap
$149.04B
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
48.19% failed
5% Threshold
48.2%
Liabilities Compliance
329.79% failed
33% Threshold
329.8%
Final Shariah Status
Failed

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

Stock Information
Name China Construction Bank Corporation
Ticker 0939
Main Business Banks—Diversified
Type Common Stock
Industry Banks—Diversified
Country HK
Market Cap $149.04 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Personal financial business $202,640.0 $202,640.0 financial
Corporate financial business $158,460.0 $158,460.0 financial
Funds management operations $18,660.0 $0.0 -
Other business $8,390.0 $0.0 -
Interest income $0.0 $0.0 -
Total $388,150.0 $361,100.0 48.19% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bonds issued $266,106,442,577.0 178.54%
derivative financial liability $5,864,145,658.3 3.93%
borrowing from the central bank $162,464,985,994.4 109.00%
borrowing capital $57,103,641,456.6 38.31%
Total Interest-Bearing Debt $491,539,215,686.3 329.79%
Market Capitalization $149,044,423,076.9 100.00%
Compliance Status Threshold: 33% failed