BlackRock, Inc
BLKCompany Overview
BlackRock, Inc. engages in providing investment management, risk management, and advisory services for institutional and retail clients worldwide. Its products include single and multi-asset class portfolios investing in equities, fixed income, alternatives, and money market instruments. The company was founded by Susan L. Wagner, Robert Steven Kapito and Laurence Douglas Fink in 1988 and is headquartered in New York, NY.
Country
US
Market Cap
$125.73B
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%
failed
Liabilities Compliance
7.71%
passed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | BlackRock, Inc |
| Ticker | BLK |
| Main Business | Investment management firm ( equities, fixed income, alternatives and money market instruments) |
| Type | Securities |
| Industry | Investment company |
| Country | US |
| Market Cap | $125.73 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| $0.0 | $0.0 | - | |
| Total | $0.0 | $0.0 | 0.00% (failed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| long term debt and capital lease obligation | $9,700,000,000.0 | 7.71% |
| Total Interest-Bearing Debt | $9,700,000,000.0 | 7.71% |
| Market Capitalization | $125,731,584,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |