Is Munich Re (MUV2) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| 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 | 34.6% | |
| Operating Margin | 10.7% | |
| Net Margin | 9.8% | |
| Return on Equity (ROE) | 18.5% | |
| Return on Assets (ROA) | 2.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.1B |
| Free Cash Flow | $2.8B |
| Total Debt | $6.3B |
| Debt-to-Equity | 24.8 |
| Current Ratio | 0.6 |
| Total Assets | $286.5B |
Price & Trading
| Last Close | EUR 521.00 |
| 50-Day MA | EUR 528.77 |
| 200-Day MA | EUR 544.18 |
| Avg Volume | 297K |
| Beta | 0.4 |
|
52-Week Range
EUR 492.00
| |
About Munich Re (MUV2)
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through six segments: Life and Health Reinsurance, Property-Casualty Reinsurance, Global Specialty Insurance, ERGO Life and Health Germany, ERGO Property-Casualty Germany, and ERGO International. The company offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, data analytics, underwriting and claims, medical research, capital management, and health market, as well as MIRA digital suite that includes MIRA PoS, MIRApply insured and physician, claims risk assessment, and CLARA plus. It also provides property and casualty reinsurance solutions, including agricultural reinsurance; business advisory, personal lines, portfolio management, insurance consulting, commercial motor consulting; infrastructure risk; property insurance, location risk, insurance linked securities, and NatCatSERVICE for natural catastrophe loss database; prospective structured and retroactive reinsurance; risk transfer; cyber; and data analytics, REALYTIX ZERO, and cert2go. In addition, the company offers solutions for industry clients, such as corporate risk, new tech, green tech, parametric, and aviation and space solutions, as well as risk services. Further, it provides specialty property casualty insurance, such as professional liability, marine, cyber, aviation, and space for commercial and private customers. Additionally, the company offers life, property-casualty, health, legal protection, and travel insurance products under the ERGO brand; and insurance solutions for agriculture, captive, epidemic, cyber, and renewable energy sectors. The company was founded in 1880 and is based in Munich, Germany.
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Frequently Asked Questions
Is Munich Re (MUV2) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Munich 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 Munich Re's debt ratio?
Munich 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 Munich Re's key financial metrics?
Munich Re has a market capitalization of $66.9B, trailing P/E ratio of 11.1, and revenue of $42.3B. The company maintains a gross margin of 34.6% and a net margin of 9.8%. Return on equity stands at 18.5%.
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.