Arthur J Gallagher & Co

AJG
Failed

Company Overview

Arthur J. Gallagher & Co. engages in the provision of insurance brokerage, consulting, and third-party claims settlement and administration services. It operates through the following business segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations. The Risk Management segment provides contract claim settlement and administration services. The Corporate segment manages clean energy and other investments. The company was founded by Arthur J. Gallagher in1927 and is headquartered in Rolling Meadows, IL.

Country
US
Market Cap
$56.18B
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
0.00% passed
5% Threshold
0.0%
Liabilities Compliance
14.81% passed
33% Threshold
14.8%
Final Shariah Status
Failed

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

Stock Information
Name Arthur J Gallagher & Co
Ticker AJG
Main Business Insurance Brokers
Type Common Stock
Industry Insurance Brokers
Country US
Market Cap $56.18 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Brokerage $7,300.0 $0.0 -
Risk management $1,220.0 $0.0 -
Corporate $23.7 $0.0 -
Interest income $0.0 $0.0 -
Total $8,543.7 $0.0 0.00% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $959,000,000.0 1.71%
long term debt and capital lease obligation $7,360,000,000.0 13.10%
Total Interest-Bearing Debt $8,319,000,000.0 14.81%
Market Capitalization $56,175,024,000.0 100.00%
Compliance Status Threshold: 33% passed