Is ASSURANT, INC. (AIZ) Halal?

NYSE Financial Services United States $10.7B
✗ NOT HALAL
Confidence: 95/100
ASSURANT, INC. (AIZ) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Property & Casualty industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Insurance - Property & Casualty ✗ NOT HALAL
DJIM Excluded — Insurance - Property & Casualty ✗ NOT HALAL
MSCI Excluded — Insurance - Property & Casualty ✗ NOT HALAL
S&P Excluded — Insurance - Property & Casualty ✗ NOT HALAL
FTSE Excluded — Insurance - Property & Casualty ✗ NOT HALAL

Financial Highlights

P/E Ratio
12.6
Forward: 9.6
EPS
$16.93
Dividend Yield
158.0%
Payout: 19.4%
P/B Ratio
1.8
EV/EBITDA
7.2
EV: $10.7B
Revenue
$12.8B
Growth: 7.9%
Beta
0.5
Low volatility
Current Ratio
0.4

Profitability

Gross Margin 11.9%
Operating Margin 10.1%
Net Margin 6.8%
Return on Equity (ROE) 15.9%
Return on Assets (ROA) 2.1%

Cash Flow & Balance Sheet

Operating Cash Flow$1.8B
Free Cash Flow$1.6B
Total Debt$2.2B
Debt-to-Equity38.8
Current Ratio0.4
Total Assets$36.3B

Price & Trading

Last Close$217.41
50-Day MA$226.72
200-Day MA$216.61
Avg Volume401K
Beta0.5
52-Week Range
$174.97
$246.31

About ASSURANT, INC. (AIZ)

CEO
Mr. Keith Warner Demmings
Employees
14,800
Sector
Financial Services
Industry
Insurance - Property & Casualty
Country
United States
Exchange
NYSE
Market Cap
$10.7B
Currency
USD

Assurant, Inc. provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific. It operates through Global Lifestyle and Global Housing segments. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment protection, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and other products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.

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Frequently Asked Questions

Is ASSURANT, INC. (AIZ) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASSURANT, INC. 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 ASSURANT, INC.'s debt ratio?

ASSURANT, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are ASSURANT, INC.'s key financial metrics?

ASSURANT, INC. has a market capitalization of $10.7B, trailing P/E ratio of 12.6, and revenue of $12.8B. The company maintains a gross margin of 11.9% and a net margin of 6.8%. Return on equity stands at 15.9%.

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.