General Motors Co
GM
Shariah Status:
Company Overview
General Motors Co. engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts and in providing software-enabled services and subscriptions. It operates through the following segments: GMNA, GMI, Cruise, and GM Financial. The company was founded by William C. Durant on September 16, 1908, and is headquartered in Detroit, MI.
Country
US
Market Cap
$39.51B
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
8.29%
failed
Liabilities Compliance
310.41%
failed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | General Motors Co |
| Ticker | GM |
| Main Business | Auto Manufacturers |
| Type | Common Stock |
| Industry | Auto Manufacturers |
| Country | US |
| Market Cap | $39.51 B |
Shariah Analysis Breakdown
Business Compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| General Motors North America | $128,380.0 | $0.0 | - |
| General Motors International | $15,420.0 | $0.0 | - |
| General Motors Financial | $12,770.0 | $12,770.0 | Financial |
| Corporate | $177.0 | $0.0 | - |
| Cruise | $102.0 | $102.0 | Cruise |
| Eliminations/Reclassifications | $-107.0 | $0.0 | - |
| Interest income | $1,432.0 | $1,432.0 | - |
| Total | $158,174.0 | $14,304.0 | 8.29% (failed) |