Bank Of America Corp
BAC
Shariah Status:
Company Overview
No company description available.
Country
US
Market Cap
$258.25B
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
74.85%
failed
Liabilities Compliance
146.27%
failed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Bank Of America Corp |
| Ticker | BAC |
| Main Business | Finance |
| Type | |
| Industry | Finance |
| Country | US |
| Market Cap | $258.25 B |
Shariah Analysis Breakdown
Business Compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Interest income | $146,607.0 | $146,607.0 | Conventional Banking |
| Fees and commissions | $36,291.0 | $0.0 | - |
| Market making and similar activities | $12,967.0 | $0.0 | - |
| Total | $195,865.0 | $146,607.0 | 74.85% (failed) |