Alphabet Inc.
GOOGCompany Overview
Alphabet, Inc. engages in the business of delivering online advertising, cloud-based solutions that provide enterprise customers with infrastructure and platform services, the provision of communication and collaboration tools, and sales of other products and services such as apps and in-app purchases, hardware, and subscription-based products. It operates under the Google Services and Google Cloud segments. The Google Services segment includes ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. The Google Cloud segment offers Google Cloud Platform and Google Workspace. It was founded by Lawrence E. Page and Sergey Mikhaylovich Brin through a restructuring of Google on October 2, 2015 and became the parent for Google and several former Google subsidiaries. The company is headquartered in Mountain View, CA.
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 meets all Shariah compliance criteria according to AAOIFI standards.
| Name | Alphabet Inc. |
| Ticker | GOOG |
| Main Business | American multinational technology conglomerate holding company |
| Type | Common Stock |
| Industry | Internet Content & Information |
| Country | US |
| Market Cap | $1,724.98 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Google advertising | $264,590.0 | $0.0 | - |
| Google subscriptions, platforms, and devices | $40,340.0 | $12,102.0 | Entertainment |
| Google cloud | $43,229.0 | $0.0 | - |
| Other bets | $1,648.0 | $0.0 | - |
| Hedging gains | $211.0 | $211.0 | Shariah non-compliant instrument |
| Interest income | $4,482.0 | $4,482.0 | - |
| Gain on equity securities, net | $3,714.0 | $0.0 | - |
| Performance fees | $218.0 | $0.0 | - |
| Other | $919.0 | $0.0 | - |
| Total | $359,351.0 | $16,795.0 | 4.67% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $2,790,000,000.0 | 0.16% |
| long term debt and capital lease obligation | $25,710,000,000.0 | 1.49% |
| Total Interest-Bearing Debt | $28,500,000,000.0 | 1.65% |
| Market Capitalization | $1,724,983,200,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |