Annotated balance sheet · halal screening

Canadian Imperial Bank of Commerce

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

Showing under

Annotated balance sheet · halal screening

Canadian Imperial Bank of Commerce — Q2 2026

Source: SEC Form 10-Q filed 2026-04-30 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$12,251

Marketable securities①

$72,103

Accounts receivable

Inventories

Other current assets

Total current assets

$84,354

Non-current Assets

Property, plant & equipment, net②tangible

$2,568

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$614,023

Goodwill

$3,893

Intangible assets, net

$2,107

Other non-current assets

$211,227

Total non-current assets

$833,817

TOTAL ASSETS

$846,844

CHECK ①

Cash + Securities Ratio

under AAOIFI

666.8%

✗ FAIL

Threshold≤ 30%Shortfall636.8 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →733%

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

$119,514

Total current liabilities

$119,514

Non-current Liabilities

Long-term debt③interest-bearing

$12,878

Other non-current liabilities

$666,281

Total non-current liabilities

$679,159

TOTAL LIABILITIES

$798,709

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

126.4%

✗ FAIL

Threshold≤ 30%Shortfall96.4 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →139%

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

$45,141

Of which:

Product & services revenue

$45,141

Interest income④non-permissible

$34,751

CHECK ④

Non-permissible Income Ratio

under AAOIFI

77.0%

✗ FAIL

Threshold≤ 5%Shortfall72.0 percentage points over the limit

Breach risk

Breached

0%← Pass zone | Fail zone →85%

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

Back to CM verdict