Morgan Stanley

Halal Rating :
Uncomfortable
Last Price $139
Market Cap $225.51b
1D Change

-0.02 %

1 Year Change

60.82 %

Next Earnings Date

Yet to be announced

Company Overview

Morgan Stanley provides various financial products and services to corporations, governments, financial institutions, and individuals. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Wealth Management segment offers financial advisor-led brokerage and investment advisory services. The Investment Management segment provides equity, fixed income, liquidity, and alternative/other products.

Revenue Sources

Fail

As a major investment bank and financial services company, Morgan Stanley's core business model relies heavily on interest-based lending and borrowing, which are considered haram activities. The company's primary revenue streams come from activities that involve riba (interest), including traditional banking services, loans, and interest-based securities trading.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2024 $15.14b $11.13b $1.8b $11.13b 11.87% 100.00%
Dec. 31, 2023 $12.9b $23.09b $1.9b $23.09b 14.71% 100.00%

Looking at the most recent four quarters of financial data, interest income consistently makes up a significant portion of Morgan Stanley's total revenue. Interest income ranges from approximately 12-14% of total revenue across all quarters analyzed, which is well above the 5% threshold for interest income as a percentage of revenue. This indicates that interest-based income is a core part of the company's business model rather than an incidental aspect.

Operational Ethics

Fail

Morgan Stanley maintains business operations in China and has partnerships with various Chinese financial institutions. However, there is no clear evidence of direct material collaboration with the Chinese Communist Party. The company also operates in Israel through its subsidiary Morgan Stanley Israel Ltd., providing investment banking services in the region.

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