Annotated balance sheet · halal screening

The PNC Financial Services Group, Inc.

The full balance sheet for PNC, with the line items that feed each halal check marked and explained inline. Read it like a financial report that grades itself.

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Annotated balance sheet · halal screening

The PNC Financial Services Group, Inc. — Q1 2026

Source: SEC Form 10-Q filed 2026-03-31 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$31,699

Marketable securities①

$153,624

Accounts receivable

Inventories

Other current assets

$1,332

Total current assets

$186,655

Non-current Assets

Property, plant & equipment, net②tangible

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$356,260

Goodwill

$13,282

Intangible assets, net

$3,816

Other non-current assets

$43,015

Total non-current assets

$416,373

TOTAL ASSETS

$603,028

CHECK ①

Cash + Securities Ratio

under AAOIFI

590.6%

✗ FAIL

Threshold≤ 30%Shortfall560.6 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →650%

Caps how much of a company's value can be held in interest-bearing financial assets — too much suggests the business is more about earning interest than producing real goods/services.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.5.1

Liabilities

Current Liabilities

Accounts payable

Other current liabilities

$457,648

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$66,666

Total current liabilities

$524,314

Non-current Liabilities

Long-term debt③interest-bearing

Other non-current liabilities

$15,038

Total non-current liabilities

$15,038

TOTAL LIABILITIES

$539,352

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

72.7%

✗ FAIL

Threshold≤ 30%Shortfall42.7 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →80%

Caps how much of a company's value comes from interest-bearing loans. Companies that rely heavily on riba (interest-based debt) fail this check even if their business itself is permissible.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.4.2

Income Statement Excerpt (trailing 12 months)

Total revenue

$32,055

Of which:

Product & services revenue

$32,055

Interest income④non-permissible

$25,621

CHECK ④

Non-permissible Income Ratio

under AAOIFI

79.9%

✗ FAIL

Threshold≤ 5%Shortfall74.9 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →88%

Caps what fraction of company revenue can come from non-permissible sources. If your stock passes but interest income is high, you'd 'purify' your share of that income through charity.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.6

Final verdict — under AAOIFI Standard

Not halal

Sector check passes: ✓ yes

Want to verify against the primary document? Open full SEC filing

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