Is Ping An (2318) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Life | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Life | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Life | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Life | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Life | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 35.8% | |
| Operating Margin | 19.9% | |
| Net Margin | 14.1% | |
| Return on Equity (ROE) | 11.6% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $382.5B |
| Free Cash Flow | $375.8B |
| Total Debt | $1.4T |
| Debt-to-Equity | 139.7 |
| Current Ratio | 1.9 |
| Total Assets | $13.0T |
Price & Trading
| Last Close | HKD 58.15 |
| 50-Day MA | HKD 67.23 |
| 200-Day MA | HKD 59.61 |
| Avg Volume | 40.8M |
| Beta | 0.8 |
|
52-Week Range
HKD 39.60
| |
About Ping An (2318)
Ping An Insurance (Group) Company of China, Ltd. provides financial products and services in the People's Republic of China. It operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Finance Enablement segments. The company offers life insurance products, including term, whole-life, endowment, annuity, investment-linked, universal life, and health care and medical insurance; property and casualty insurance, such as auto insurance, non-auto insurance, accident, and health insurance. It also undertakes loan and intermediary business with corporate customers and retail customers. In addition, the company provides wealth management and credit card services to individual customers; trust services, brokerage services, trading services, investment banking services, investment management services, finance lease business, and other asset management services; and financial and daily-life services through internet platforms comprising financial transaction information service platform, and health care service platform. Further, it is involved in the real estate investment and management; expressway operation; production and sale of consumer chemicals; logistics and real estate activities; consulting services; warehousing; IT services; infant products; and hospital management. Ping An Insurance (Group) Company of China, Ltd. was incorporated in 1988 and is based in Shenzhen, China.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is Ping An (2318) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ping An is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Ping An's debt ratio?
Ping An's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Ping An's key financial metrics?
Ping An has a market capitalization of $1.2T, trailing P/E ratio of 7.0, and revenue of $916.6B. The company maintains a gross margin of 35.8% and a net margin of 14.1%. Return on equity stands at 11.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.