Is GREENLIGHT CAPITAL RE, LTD. (GLRE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Reinsurance | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Reinsurance | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Reinsurance | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Reinsurance | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Reinsurance | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 13.3% | |
| Operating Margin | 24.3% | |
| Net Margin | 10.4% | |
| Return on Equity (ROE) | 11.1% | |
| Return on Assets (ROA) | 2.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $210M |
| Free Cash Flow | $210M |
| Total Debt | $5M |
| Debt-to-Equity | 1.0 |
| Current Ratio | 1.7 |
| Total Assets | $2.2B |
Price & Trading
| Last Close | $17.12 |
| 50-Day MA | $14.57 |
| 200-Day MA | $13.60 |
| Avg Volume | 143K |
| Beta | 0.5 |
|
52-Week Range
$11.57
| |
About GREENLIGHT CAPITAL RE, LTD. (GLRE)
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. It operates through Open Market and Innovations segments. The company offers casualty reinsurance, such as automobile liability and general liability. It also provides coverages for casualty, including general liability, umbrella, multiline casualty, and workers' compensation; financial, such as mortgage, trade credit, surety, transactional liability, and financial multiline; health, which include primarily accident and critical illness; multiline comprising FAL business, coupled with multiline commercial and personal auto liability, BOP, and multiline commercial; property, including commercial property and property catastrophe; and specialty products and services, such as agriculture, cyber, marine and energy, aviation and space, specialty multiline, and WPVT which covers losses relating to war, political violence, and terrorism. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
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Frequently Asked Questions
Is GREENLIGHT CAPITAL RE, LTD. (GLRE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GREENLIGHT CAPITAL RE, LTD. 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 GREENLIGHT CAPITAL RE, LTD.'s debt ratio?
GREENLIGHT CAPITAL RE, LTD.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are GREENLIGHT CAPITAL RE, LTD.'s key financial metrics?
GREENLIGHT CAPITAL RE, LTD. has a market capitalization of $570M, trailing P/E ratio of 7.7, and revenue of $683M. The company maintains a gross margin of 13.3% and a net margin of 10.4%. Return on equity stands at 11.1%.
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.