Is GLOBE LIFE INC. (GL) Halal?
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
Profitability
| Gross Margin | 33.8% | |
| Operating Margin | 24.2% | |
| Net Margin | 19.4% | |
| Return on Equity (ROE) | 20.6% | |
| Return on Assets (ROA) | 3.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.4B |
| Free Cash Flow | $1.3B |
| Total Debt | $2.6B |
| Debt-to-Equity | 51.3 |
| Current Ratio | 0.8 |
| Total Assets | $30.8B |
Price & Trading
| Last Close | $138.80 |
| 50-Day MA | $141.33 |
| 200-Day MA | $136.28 |
| Avg Volume | 491K |
| Beta | 0.5 |
|
52-Week Range
$109.38
| |
About GLOBE LIFE INC. (GL)
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States. It operates in three segments: Life Insurance, Supplemental Health Insurance, and Investments. The company offers whole, term, and other life insurance products, as well as life insurance for children; Medicare supplement and limited-benefit supplemental health insurance products, such as accident, cancer, critical illness, heart, intensive care, and other health products; and final expense, accidental death, mortgage protection, and hospital insurance products. It sells its products through direct-to-consumer channels, exclusive independent agents, general agency independent agents, and brokers. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas.
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Frequently Asked Questions
Is GLOBE LIFE INC. (GL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GLOBE 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 GLOBE LIFE INC.'s debt ratio?
GLOBE 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 GLOBE LIFE INC.'s key financial metrics?
GLOBE LIFE INC. has a market capitalization of $10.6B, trailing P/E ratio of 9.6, and revenue of $6.0B. The company maintains a gross margin of 33.8% and a net margin of 19.4%. Return on equity stands at 20.6%.
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.