Is American National Group Inc. (ANG-PD) Halal?

NYSE Financial Services United States N/A
✗ NOT HALAL
Confidence: 95/100
American National Group Inc. (ANG-PD) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Life 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 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

Dividend Yield
763.0%
P/B Ratio
0.6
Revenue
$9.6B
Growth: 2.7%
Beta
0.6
Low volatility
Current Ratio
2.7

Profitability

Gross Margin 21.1%
Operating Margin 35.0%
Net Margin 7.9%
Return on Equity (ROE) 7.8%
Return on Assets (ROA) 0.8%

Cash Flow & Balance Sheet

Operating Cash Flow$2.5B
Free Cash Flow$2.5B
Total Debt$3.1B
Debt-to-Equity33.3
Current Ratio2.7
Total Assets$121.2B

Price & Trading

Last Close$24.31
50-Day MA$24.84
200-Day MA$25.34
Avg Volume17K
Beta0.6
52-Week Range
$23.54
$26.35

About American National Group Inc. (ANG-PD)

CEO
Mr. Timothy Allen Walsh
Sector
Financial Services
Industry
Insurance - Life
Country
United States
Exchange
NYSE
Currency
USD

American National Group Inc., through its subsidiaries, provides life insurances in the United States. The company issues fixed index and rate annuities, pension risk transfer, and single premium immediate annuity; property and casualty insurances; and life insurances, as well as retirement products. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. American National Group Inc. was formerly known as American Equity Investment Life Holding Company and changed its name to American National Group Inc. in May 2024. The company was incorporated in 1995 and is based in Galveston, Texas. American National Group Inc. operates as a subsidiary of Bam Re Holdings Ltd.

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Frequently Asked Questions

Is American National Group Inc. (ANG-PD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), American National Group 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 American National Group Inc.'s debt ratio?

American National Group 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 American National Group Inc.'s key financial metrics?

American National Group Inc. has a market capitalization of N/A, and revenue of $9.6B. The company maintains a gross margin of 21.1% and a net margin of 7.9%. Return on equity stands at 7.8%.

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.