Barclays Bank PLC
0.0 %
0.0 %
Yet to be announced
Company Overview
Barclays Bank PLC is a major British universal bank headquartered in London. As a traditional banking institution, its core business activities include retail banking, corporate banking, investment banking, and wealth management services. The bank provides a wide range of financial products and services to individuals, businesses, and institutions worldwide.
Revenue Sources
As a traditional bank, Barclays' primary business model revolves around interest-based lending and borrowing. The company's core operations are fundamentally based on charging and paying interest, which is considered haram in Islamic finance.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|
Interest income and expense are central to Barclays' business model as a traditional bank. Both interest income and interest expense ratios significantly exceed our thresholds, as interest-based activities form the core of their banking operations.
Operational Ethics
While Barclays operates globally, there is no evidence of significant ongoing associations with entities involved in human rights violations that would trigger concerns under this criteria.
Login to join the discussion