Is CENTENE CORP (CNC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 84.6% / 30% | 94.7% / 30% | 84.3% / 30% | 2.95% / 5% | ✗ NOT HALAL |
| DJIM | 84.6% / 33% | 94.7% / 33% | 84.3% / 33% | 2.95% / 5% | ✗ NOT HALAL |
| MSCI | 23.7% / 33% | 26.5% / 33% | 23.6% / 33% | 2.95% / 5% | ✓ HALAL |
| S&P | 84.6% / 33% | 94.7% / 33% | 84.3% / 33% | 2.95% / 5% | ✗ NOT HALAL |
| FTSE | 23.7% / 33% | 26.5% / 33% | 23.6% / 50% | 2.95% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.5% | |
| Operating Margin | -1.9% | |
| Net Margin | -3.8% | |
| Return on Equity (ROE) | -28.7% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.1B |
| Free Cash Flow | $4.3B |
| Total Debt | $18.2B |
| Debt-to-Equity | 90.6 |
| Current Ratio | 1.1 |
| Total Assets | $76.7B |
Price & Trading
| Last Close | $33.56 |
| 50-Day MA | $40.54 |
| 200-Day MA | $37.37 |
| Avg Volume | 6.4M |
| Beta | 0.5 |
|
52-Week Range
$25.08
| |
About CENTENE CORP (CNC)
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
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Frequently Asked Questions
Is CENTENE CORP (CNC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CENTENE CORP 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 CENTENE CORP's debt ratio?
CENTENE CORP's debt ratio is 84.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 23.7%.
What are CENTENE CORP's key financial metrics?
CENTENE CORP has a market capitalization of $15.7B, and revenue of $194.8B. The company maintains a gross margin of 10.5% and a net margin of -3.8%. Return on equity stands at -28.7%.
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.