Is Globe Life Inc. (GL) halal? Halal. Based on AAOIFI screening, Globe Life Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 69/100 (Grade: B).
GL — Is Globe Life Inc. Halal?
HalalGlobe Life Inc.
$149.08
+0.37%
Shariah Compliance Status
Based on AAOIFI screening standards
Acceptable
Acceptable but room for improvement
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Purify Your GL Dividends
1.9% non-compliant incomeGL has 1.9% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
11.7B
Price
$149.08
Sector
Financial Services
Industry
Insurance—Life
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Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.