Is AMERIPRISE FINANCIAL INC (AMP) Halal?

NYSE Financial Services United States $40.6B
✗ NOT HALAL
Confidence: 95/100
AMERIPRISE FINANCIAL INC (AMP) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management 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 — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
12.0
Forward: 9.4
EPS
$36.30
Dividend Yield
147.0%
Payout: 17.3%
P/B Ratio
6.1
Revenue
$18.5B
Growth: 8.6%
Beta
1.3
High volatility
Current Ratio
2.3

Profitability

Gross Margin 56.2%
Operating Margin 35.3%
Net Margin 18.8%
Return on Equity (ROE) 60.5%
Return on Assets (ROA) 2.3%

Cash Flow & Balance Sheet

Operating Cash Flow$8.3B
Free Cash Flow$8.2B
Total Debt$5.9B
Debt-to-Equity57.6
Current Ratio2.3
Total Assets$190.9B

Price & Trading

Last Close$448.15
50-Day MA$479.56
200-Day MA$492.03
Avg Volume674K
Beta1.3
52-Week Range
$396.14
$550.18

About AMERIPRISE FINANCIAL INC (AMP)

CEO
Mr. James M. Cracchiolo C.P.A.
Employees
13,600
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$40.6B
Currency
USD

Ameriprise Financial, Inc., together with its subsidiaries, operates as a diversified financial services company in the United States and internationally. The company offers financial planning and advice services to individual and institutional clients. It operates through Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, Corporate & Other segments. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management, advice, and products to retail, high net worth, and institutional clients through third-party financial institutions, advisor network, direct retail, and its institutional sales force under the Columbia Threadneedle Investments brand name. Its products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products, as well as life and disability income insurance products to retail clients. Ameriprise Financial, Inc. was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. The company was founded in 1894 and is based in Minneapolis, Minnesota.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is AMERIPRISE FINANCIAL INC (AMP) halal to invest in?

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

AMERIPRISE FINANCIAL 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 AMERIPRISE FINANCIAL INC's key financial metrics?

AMERIPRISE FINANCIAL INC has a market capitalization of $40.6B, trailing P/E ratio of 12.0, and revenue of $18.5B. The company maintains a gross margin of 56.2% and a net margin of 18.8%. Return on equity stands at 60.5%.

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.