Is MANULIFE FINANCIAL CORP (MFC) 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 | 49.3% | |
| Operating Margin | 133.5% | |
| Net Margin | 18.7% | |
| Return on Equity (ROE) | 11.5% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $32.1B |
| Free Cash Flow | $32.1B |
| Total Debt | $14.7B |
| Debt-to-Equity | 48.3 |
| Current Ratio | 4.7 |
| Total Assets | $1.0T |
Price & Trading
| Last Close | $34.45 |
| 50-Day MA | $35.90 |
| 200-Day MA | $33.41 |
| Avg Volume | 2.4M |
| Beta | 0.7 |
|
52-Week Range
$25.92
| |
About MANULIFE FINANCIAL CORP (MFC)
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in the insurance agency, broker dealer, investment counseling, portfolio and mutual fund management, property and casualty insurance, and fund and investment management businesses. In addition, it provides integrated banking products and services, as well as offers asset management services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.
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Frequently Asked Questions
Is MANULIFE FINANCIAL CORP (MFC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MANULIFE FINANCIAL 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 MANULIFE FINANCIAL CORP's debt ratio?
MANULIFE FINANCIAL CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are MANULIFE FINANCIAL CORP's key financial metrics?
MANULIFE FINANCIAL CORP has a market capitalization of $56.4B, trailing P/E ratio of 15.1, and revenue of $53.0B. The company maintains a gross margin of 49.3% and a net margin of 18.7%. Return on equity stands at 11.5%.
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.