Alibaba Group Holding Limited
9988Company Overview
In order to achieve the mission of “making the world have no difficult business to do”, we aim to help enterprises change the way they market, sell, and operate, and improve their efficiency. We provide technical facilities and marketing platforms for merchants, brands, retailers, and other businesses to use the power of new technology to interact with users and customers and operate more efficiently. We also provide enterprises with leading cloud facilities and services, as well as enhanced work collaboration capabilities, to facilitate their digital transformation and support their business growth. In the 2024 fiscal year, our business includes Taotian Group, Cloud Intelligence Group, Ali International Digital Business Group, Cainiao Group, Local Life Group, Big Entertainment Group and all others. An ecosystem of consumers, merchants, brands, retailers, third party service providers, strategic partners, and other enterprises has been formed around our platform and business.
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 | Alibaba Group Holding Limited |
| Ticker | 9988 |
| Main Business | Internet Retail |
| Type | Common Stock |
| Industry | Internet Retail |
| Country | HK |
| Market Cap | $174.27 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Taobao and Tmall Group | $434,893.0 | $130,467.9 | Platform integrated with BNPL |
| Cloud Intelligence Group | $106,374.0 | $31,912.2 | Services to gaming, banking |
| Alibaba International Digital Commerce Group | $102,598.0 | $30,779.4 | Platform provide alcohol |
| Cainiao Smart Logistics Network Limited | $99,020.0 | $0.0 | - |
| Local Services Group | $59,802.0 | $0.0 | - |
| Digital Media and Entertainment Group | $21,145.0 | $6,343.5 | Entertainment |
| All others | $192,331.0 | $0.0 | - |
| Interest income | $24,868.0 | $24,868.0 | - |
| Total | $1,041,031.0 | $224,371.0 | 21.55% (failed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| short term borrowing | $1,785,714,285.7 | 1.02% |
| long term bank loan | $7,799,719,888.0 | 4.48% |
| convertible notes and bonds | $12,057,422,969.2 | 6.92% |
| Total Interest-Bearing Debt | $21,642,857,142.9 | 12.42% |
| Market Capitalization | $174,274,038,461.5 | 100.00% |
| Compliance Status | Threshold: 33% | passed |