Is China Life (2628) 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 | 58.7% | |
| Operating Margin | -47.1% | |
| Net Margin | 43.8% | |
| Return on Equity (ROE) | 27.7% | |
| Return on Assets (ROA) | 1.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $378.8B |
| Free Cash Flow | $374.8B |
| Total Debt | $49.3B |
| Debt-to-Equity | 60.6 |
| Current Ratio | 0.3 |
| Total Assets | $6.8T |
Price & Trading
| Last Close | HKD 25.04 |
| 50-Day MA | HKD 31.42 |
| 200-Day MA | HKD 25.99 |
| Avg Volume | 64.6M |
| Beta | 0.7 |
|
52-Week Range
HKD 12.38
| |
About China Life (2628)
China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. The company operates through Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Businesses segments. It offers life, annuity, health, and accident insurance products to individuals and groups. The company was founded in 1949 and is based in Beijing, the People's Republic of China. China Life Insurance Company Limited operates as a subsidiary of China Life Insurance (Group) Company.
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Frequently Asked Questions
Is China Life (2628) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), China Life 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 China Life's debt ratio?
China Life's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are China Life's key financial metrics?
China Life has a market capitalization of $1.1T, trailing P/E ratio of 4.0, and revenue of $512.2B. The company maintains a gross margin of 58.7% and a net margin of 43.8%. Return on equity stands at 27.7%.
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.