Salesforce Inc
CRMCompany Overview
Salesforce, Inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff and Parker Harris in 1999 and is headquartered in San Francisco, CA.
Country
US
Market Cap
$278.81B
Last Fiscal Year
2024
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
14.08%
failed
Liabilities Compliance
4.52%
passed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Salesforce Inc |
| Ticker | CRM |
| Main Business | Software - Application |
| Type | Securities |
| Industry | Software—Application |
| Country | US |
| Market Cap | $278.81 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Service | $8,250.0 | $0.0 | - |
| Sales | $7,580.0 | $0.0 | - |
| Platform and Other | $6,610.0 | $0.0 | - |
| Integration and Analytics | $5,190.0 | $0.0 | - |
| Marketing and Commerce | $4,910.0 | $4,910.0 | - |
| Professional services and other | $2,320.0 | $0.0 | - |
| Total | $34,860.0 | $4,910.0 | 14.08% (failed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $1,520,000,000.0 | 0.55% |
| long term debt and capital lease obligation | $11,070,000,000.0 | 3.97% |
| Total Interest-Bearing Debt | $12,590,000,000.0 | 4.52% |
| Market Capitalization | $278,810,370,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |