Citigroup Inc

C
Failed

Company Overview

Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking, Institutional Clients Group, and Corporate and Other. The Global Consumer Banking segment provides traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services. The Institutional Clients Group segment provides corporate, institutional, public sector and high-net-worth clients around the world with a full range of wholesale banking products and services. This segment includes fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance and securities services. The Corporate and Other segment includes certain unallocated costs of global staff functions, other corporate expenses and unallocated global operations and technology expenses, Corporate Treasury, certain North America and international legacy consumer loan portfolios, other legacy assets, and discontinued operations. The company was founded in 1812 and is headquartered in New York, NY.

Country
US
Market Cap
$97.22B
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
24.33% failed
5% Threshold
24.3%
Liabilities Compliance
333.34% failed
33% Threshold
333.3%
Final Shariah Status
Failed

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

Stock Information
Name Citigroup Inc
Ticker C
Main Business Banks—Diversified
Type Common Stock
Industry Banks—Diversified
Country US
Market Cap $97.22 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Institutional Clients Group (ICG) $41,210.0 $0.0 -
Personal Banking and Wealth Management (PBWM) $24,220.0 $24,220.0 Banking
Legacy Franchises $8,470.0 $0.0 -
Corporate/Other $1,440.0 $0.0 -
Interest income $0.0 $0.0 -
Total $75,340.0 $24,220.0 24.33% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
long term debt and capital lease obligation non current $286,620,000,000.0 294.81%
current debt and capital lease obligation current $37,460,000,000.0 38.53%
Total Interest-Bearing Debt $324,080,000,000.0 333.34%
Market Capitalization $97,221,600,000.0 100.00%
Compliance Status Threshold: 33% failed