Is PRINCIPAL FINANCIAL GROUP INC (PFG) Halal?

NASDAQ Financial Services United States $19.1B
✗ NOT HALAL
Confidence: 95/100
PRINCIPAL FINANCIAL GROUP INC (PFG) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management 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 December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
16.6
Forward: 8.5
EPS
$5.25
Dividend Yield
360.0%
Payout: 58.7%
P/B Ratio
1.6
EV/EBITDA
10.4
EV: $18.0B
Revenue
$15.6B
Growth: -3.7%
Beta
0.9
Average volatility
Current Ratio
1.5

Profitability

Gross Margin 44.2%
Operating Margin 14.1%
Net Margin 7.6%
Return on Equity (ROE) 10.5%
Return on Assets (ROA) 0.3%

Cash Flow & Balance Sheet

Operating Cash Flow$4.5B
Free Cash Flow$4.4B
Total Debt$4.0B
Debt-to-Equity34.9
Current Ratio1.5
Total Assets$341.4B

Price & Trading

Last Close$88.94
50-Day MA$91.65
200-Day MA$84.59
Avg Volume1.7M
Beta0.9
52-Week Range
$68.39
$97.88

About PRINCIPAL FINANCIAL GROUP INC (PFG)

CEO
Ms. Deanna Dawnette Strable-Soethout
Employees
19,700
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NASDAQ
Market Cap
$19.1B
Currency
USD

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. This segment offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, registered index-linked annuities, and bank products, as well as trust and custody services. The Principal Asset Management segment provides equity, fixed income, real estate, and other alternative investments, as well as fund offerings. This segment also offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans. The Benefits and Protection segment provides specialty benefits, such as specialty benefits group dental and vision insurance, group life and other insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products. This segment serves insurance solutions for small and medium-sized businesses and their owners, as well as employees. The company was founded in 1879 and is based in Des Moines, Iowa.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is PRINCIPAL FINANCIAL GROUP INC (PFG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PRINCIPAL FINANCIAL GROUP INC 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 PRINCIPAL FINANCIAL GROUP INC's debt ratio?

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

What are PRINCIPAL FINANCIAL GROUP INC's key financial metrics?

PRINCIPAL FINANCIAL GROUP INC has a market capitalization of $19.1B, trailing P/E ratio of 16.6, and revenue of $15.6B. The company maintains a gross margin of 44.2% and a net margin of 7.6%. Return on equity stands at 10.5%.

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.