American Express Company
AXPCompany Overview
American Express Co. engages in the provision of charge and credit card products and travel-related services. It operates through the following segments: U.S Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS), Global Merchant and Network Services (GMNS), and Corporate and Other. The USCS segment issues a wide range of proprietary consumer cards to U.S consumers. The CS segment offers proprietary corporate and small business cards and provides services to U.S. businesses, including payment and expense management, banking and non-card financing products. The ICS segment focuses on a range of proprietary consumer, small business and corporate cards outside the United States. It also provides services to international customers, including travel and lifestyle services, and manages certain international joint ventures and loyalty coalition businesses. The GMNS segment operates a global payments network that processes and settles card transactions, acquires merchants, and provides multi-channel marketing programs and capabilities, services, and data analytics. The Corporate and Other segment covers corporate functions and certain other businesses and operations. The company was founded by Henry Wells, William G. Fargo, and John Warren Butterfield on March 28, 1850 and is headquartered in New York, NY.
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
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Name | American Express Company |
Ticker | AXP |
Main Business | Credit Services |
Type | Securities |
Industry | Credit Services |
Country | US |
Market Cap | $131.97 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Discount revenue | $30,739.0 | $0.0 | - |
Net card fees | $6,070.0 | $0.0 | - |
Service fees and other revenue | $4,521.0 | $0.0 | - |
Processed revenue | $1,637.0 | $0.0 | - |
interest income | $12,658.0 | $12,658.0 | - |
Total | $55,625.0 | $12,658.0 | 22.76% (failed) |
Liability Item | Value ($M) | % of Market Cap |
---|---|---|
long term debt and capital lease obligation non current | $47,870,000,000.0 | 36.27% |
current debt and capital lease obligation current | $1,290,000,000.0 | 0.98% |
Total Interest-Bearing Debt | $49,160,000,000.0 | 37.25% |
Market Capitalization | $131,969,789,600.0 | 100.00% |
Compliance Status | Threshold: 33% | failed |