Charles Schwab Corp-The
SCHWCompany Overview
The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail brokerage and banking services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, retirement business, and support services, as well as retirement business services to independent registered investment advisors, independent retirement advisors, and record keepers. The company was founded by Charles R. Schwab in 1986 and is headquartered in Westlake, TX.
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 | Charles Schwab Corp-The |
| Ticker | SCHW |
| Main Business | Capital Markets |
| Type | Common Stock |
| Industry | Capital Markets |
| Country | US |
| Market Cap | $125.90 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Investor Services | $15,570.0 | $0.0 | - |
| Advisor Services | $5,190.0 | $0.0 | - |
| Interest income | $0.0 | $0.0 | - |
| Total | $20,760.0 | $0.0 | 0.00% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| long term debt and capital lease obligation non current | $26,130,000,000.0 | 20.75% |
| current debt and capital lease obligation current | $32,950,000,000.0 | 26.17% |
| Total Interest-Bearing Debt | $59,080,000,000.0 | 46.92% |
| Market Capitalization | $125,904,000,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |