Is Medibank (MPL) Halal?

ASX Financial Services Australia $12.1B
✗ NOT HALAL
Confidence: 95/100
Medibank (MPL) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Specialty 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 June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Insurance - Specialty ✗ NOT HALAL
DJIM Excluded — Insurance - Specialty ✗ NOT HALAL
MSCI Excluded — Insurance - Specialty ✗ NOT HALAL
S&P Excluded — Insurance - Specialty ✗ NOT HALAL
FTSE Excluded — Insurance - Specialty ✗ NOT HALAL

Financial Highlights

P/E Ratio
25.9
Forward: 17.5
EPS
$0.17
Dividend Yield
376.0%
Payout: 107.1%
P/B Ratio
5.2
EV/EBITDA
13.0
EV: $9.4B
Revenue
$8.5B
Growth: 4.9%
Beta
0.0
Low volatility
Current Ratio
2.2

Profitability

Gross Margin 22.0%
Operating Margin 9.8%
Net Margin 5.3%
Return on Equity (ROE) 20.0%
Return on Assets (ROA) 10.4%

Cash Flow & Balance Sheet

Free Cash Flow$311M
Total Debt$209M
Debt-to-Equity11.8
Current Ratio2.2
Total Assets$4.7B

Price & Trading

Last CloseAUD 4.43
50-Day MAAUD 4.45
200-Day MAAUD 4.78
Avg Volume6.8M
Beta0.0
52-Week Range
AUD 4.06
AUD 5.31

About Medibank (MPL)

CEO
Mr. David Koczkar B.Com., MAICD, PGDipFinance
Employees
3,604
Sector
Financial Services
Industry
Insurance - Specialty
Country
Australia
Exchange
ASX
Market Cap
$12.1B
Currency
AUD

Medibank Private Limited provides private health insurance in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services comprising dental, optical, and physiotherapy, as well as offers health insurance products to overseas visitors and students. The Medibank Health segment provides health management and in-home care services, as well as a range of telehealth and primary care services to government and corporate customers; and distributes travel, life, and pet insurance products. It underwrites and distributes private health insurance policies under the Medibank and ahm brands for resident and nonresident customers. The company was founded in 1976 and is based in Docklands, Australia.

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Frequently Asked Questions

Is Medibank (MPL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Medibank 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 Medibank's debt ratio?

Medibank's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Medibank's key financial metrics?

Medibank has a market capitalization of $12.1B, trailing P/E ratio of 25.9, and revenue of $8.5B. The company maintains a gross margin of 22.0% and a net margin of 5.3%. Return on equity stands at 20.0%.

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.