Is Reinsurance Group of America, Incorporated (RGA) halal? Not Halal. Based on AAOIFI screening, Reinsurance Group of America, Incorporated has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Reinsurance Group of America, Incorporated

RGA: Is Reinsurance Group of America, Incorporated Halal?

Not Halal

Reinsurance Group of America, Incorporated

NYSEFinancial ServicesUS

$198.37

-0.17%

About Reinsurance Group of America, Incorporated

Reinsurance Group of America, Incorporated engages in reinsurance business. It offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, it develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. The company serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.

Sector: Financial Services 路 Industry: Insurance - Reinsurance

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited industry: Insurance - Reinsurance

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap41.1% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Financial Overview

Market Cap

13.0B

Price

$198.37

Sector

Financial Services

Industry

Insurance - Reinsurance

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Frequently Asked Questions

Is Reinsurance Group of America, Incorporated (RGA) halal to invest in?
Reinsurance Group of America, Incorporated (RGA) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Reinsurance Group of America, Incorporated get a F compliance rating?
Reinsurance Group of America, Incorporated (RGA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 41.1% (limit 30%); interest-bearing deposits of 30.0% (limit 30%); prohibited income of 1.52% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Reinsurance Group of America, Incorporated's Shariah verdict?
Reinsurance Group of America, Incorporated's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Reinsurance Group of America, Incorporated re-screened for Shariah compliance?
Reinsurance Group of America, Incorporated (RGA) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.