Marsh & McLennan Cos Inc
MMCCompany Overview
Marsh & McLennan Cos., Inc. is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services. The Consulting segment offers health, wealth, and career solutions and products, and specialized management, strategic, economic, and brand consulting services. The company was founded by Henry W. Marsh and Donald R. McLennan in 1871 and is headquartered in New York, NY.
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
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Marsh & McLennan Cos Inc |
| Ticker | MMC |
| Main Business | Insurance Brokers |
| Type | Common Stock |
| Industry | Insurance Brokers |
| Country | US |
| Market Cap | $93.05 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Risk and Insurance Services | $12,650.0 | $12,650.0 | Insurance |
| Consulting | $8,140.0 | $0.0 | - |
| Corporate/Eliminations | $-64.0 | $0.0 | - |
| Interest income | $15.0 | $15.0 | - |
| Total | $20,741.0 | $12,665.0 | 37.91% (failed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $1,930,000,000.0 | 2.07% |
| long term debt and capital lease obligation | $13,510,000,000.0 | 14.52% |
| Total Interest-Bearing Debt | $15,440,000,000.0 | 16.59% |
| Market Capitalization | $93,052,506,400.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |