Is F&G Annuities & Life, Inc. (FG) Halal?

NYSE Financial Services United States $3.3B
✗ NOT HALAL
Confidence: 95/100
F&G Annuities & Life, Inc. (FG) 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 2025

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

P/E Ratio
12.9
Forward: 3.8
EPS
$1.88
Dividend Yield
413.0%
Payout: 48.4%
P/B Ratio
0.7
EV/EBITDA
5.3
EV: $3.1B
Revenue
$5.4B
Growth: 13.2%
Beta
1.6
High volatility
Current Ratio
1.0

Profitability

Gross Margin 30.9%
Operating Margin 11.4%
Net Margin 4.6%
Return on Equity (ROE) 6.0%
Return on Assets (ROA) 0.3%

Cash Flow & Balance Sheet

Operating Cash Flow$4.7B
Free Cash Flow$4.7B
Total Debt$2.3B
Debt-to-Equity46.0
Current Ratio1.0
Total Assets$98.4B

Price & Trading

Last Close$25.29
50-Day MA$25.63
200-Day MA$30.35
Avg Volume814K
Beta1.6
52-Week Range
$20.57
$37.19

About F&G Annuities & Life, Inc. (FG)

CEO
Mr. Christopher Owsley Blunt
Employees
1,173
Sector
Financial Services
Industry
Insurance - Life
Country
United States
Exchange
NYSE
Market Cap
$3.3B
Currency
USD

F&G Annuities & Life, Inc., together with its subsidiaries, provides annuity and life insurance products in the United States. It offers fixed indexed annuities registered index-linked annuities, pension risk transfer and indexed universal life, and multi-year guarantee annuities; immediate annuities; indexed universal life insurance; pension risk transfer solutions; and institutional funding agreements. The company distributes its products through independent agents, banks, and broker-dealers to retail annuity and life customers, as well as institutional clients. The company was founded in 1959 and is headquartered in Des Moines, Iowa. F&G Annuities & Life, Inc. is a subsidiary of Fidelity National Financial, Inc.

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Frequently Asked Questions

Is F&G Annuities & Life, Inc. (FG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), F&G Annuities & Life, 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 F&G Annuities & Life, Inc.'s debt ratio?

F&G Annuities & Life, 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 F&G Annuities & Life, Inc.'s key financial metrics?

F&G Annuities & Life, Inc. has a market capitalization of $3.3B, trailing P/E ratio of 12.9, and revenue of $5.4B. The company maintains a gross margin of 30.9% and a net margin of 4.6%. Return on equity stands at 6.0%.

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.