Is Hannover Re (HNR1) 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 | 23.7% | |
| Operating Margin | 18.5% | |
| Net Margin | 10.2% | |
| Return on Equity (ROE) | 20.8% | |
| Return on Assets (ROA) | 4.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.7B |
| Free Cash Flow | $5.7B |
| Total Debt | $4.1B |
| Debt-to-Equity | 31.4 |
| Current Ratio | 0.2 |
| Total Assets | $71.3B |
Price & Trading
| Last Close | EUR 256.40 |
| 50-Day MA | EUR 249.48 |
| 200-Day MA | EUR 255.15 |
| Avg Volume | 157K |
| Beta | 0.2 |
|
52-Week Range
EUR 233.00
| |
About Hannover Re (HNR1)
Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; natural catastrophe; credit, surety, and political risks; cyber; digital; marine and upstream energy; natural catastrophes; advanced and facultative business, insurance-linked securities and structured reinsurance; and parametric solutions. It also offers risk solutions in the areas of critical illness, disability, health, longevity, long term care, and mortality. In addition, the company offers group life, retirement, lifestyle, credit life, and Takaful reinsurance products. Further, the company provides various financial solutions, including new-business financing; monetization of embedded value; reserve and solvency relief; and reinsurance and solvency II businesses. The company was formerly known as Hannover Rückversicherung AG and changed its name to Hannover Rück SE in March 2013. Hannover Rück SE was founded in 1966 and is based in Hanover, Germany. Hannover Rück SE operates as a subsidiary of Talanx AG.
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Frequently Asked Questions
Is Hannover Re (HNR1) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Hannover Re 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 Hannover Re's debt ratio?
Hannover Re's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Hannover Re's key financial metrics?
Hannover Re has a market capitalization of $31.1B, trailing P/E ratio of 11.8, and revenue of $24.0B. The company maintains a gross margin of 23.7% and a net margin of 10.2%. Return on equity stands at 20.8%.
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.