Annotated balance sheet · halal screening

The Charles Schwab Corporation

The full balance sheet for SCHW, 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 Charles Schwab Corporation — Q1 2026

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

Assets

Current Assets

Cash & cash equivalents①

$44,975

Marketable securities①

$22,351

Accounts receivable

$118,920

Inventories

Other current assets

Total current assets

$186,246

Non-current Assets

Property, plant & equipment, net②tangible

$3,065

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$271,060

Goodwill

$12,298

Intangible assets, net

$7,413

Other non-current assets

$13,237

Total non-current assets

$307,073

TOTAL ASSETS

$493,319

CHECK ①

Cash + Securities Ratio

under AAOIFI

219.0%

✗ FAIL

Threshold≤ 30%Shortfall189.0 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →241%

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

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$15,003

Total current liabilities

$15,003

Non-current Liabilities

Long-term debt③interest-bearing

$17,939

Other non-current liabilities

$411,113

Total non-current liabilities

$429,052

TOTAL LIABILITIES

$444,085

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

21.3%

✓ PASS

Threshold≤ 30%Buffer8.7 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →45%

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

$28,325

Of which:

Product & services revenue

$28,325

Interest income④non-permissible

$15,709

CHECK ④

Non-permissible Income Ratio

under AAOIFI

55.5%

✗ FAIL

Threshold≤ 5%Shortfall50.5 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →61%

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: ✗ no

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

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