Is Phoenix Group (PHNX) 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 | 9.6% | |
| Operating Margin | 1.7% | |
| Net Margin | -3.4% | |
| Return on Equity (ROE) | -25.4% | |
| Return on Assets (ROA) | -0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$993M |
| Free Cash Flow | -$1.0B |
| Total Debt | $3.3B |
| Debt-to-Equity | 193.4 |
| Current Ratio | 0.2 |
| Total Assets | $332.2B |
Price & Trading
| Last Close | GBp 766.50 |
| 50-Day MA | GBp 741.33 |
| 200-Day MA | GBp 685.81 |
| Avg Volume | 2.0M |
| Beta | 0.8 |
|
52-Week Range
GBp 485.20
| |
About Phoenix Group (PHNX)
Standard Life plc operates in the long-term savings and retirement business in Europe. It operates through Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other segments. The company offers saving for retirement solutions that include defined contribution workplace pensions, retail savings for retirement, and legacy pensions and savings products; transitioning to retirement solutions, such as pension consolidation, fixed-term annuities, and smooth managed fund; and retirement income solutions, including income drawdown and lifetime annuities, defined benefit pension income, and home equity release. It also offers new and in-force individual annuity and bulk purchase annuity contracts written within shareholder funds; U.K. individual annuity; workplace pensions and self-invested personal pensions; in-force insurance and investment unit-linked products; and protection products. The company offers its products under the Standard Life, SunLife, Phoenix Life, and ReAssure brands. Standard Life plc was formerly known as Phoenix Group Holdings plc and changed its name to Standard Life plc in February 2026. The company was founded in 1782 and is based in London, the United Kingdom.
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Frequently Asked Questions
Is Phoenix Group (PHNX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Phoenix Group 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 Phoenix Group's debt ratio?
Phoenix Group's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Phoenix Group's key financial metrics?
Phoenix Group has a market capitalization of $7.7B, and revenue of $31.8B. The company maintains a gross margin of 9.6% and a net margin of -3.4%. Return on equity stands at -25.4%.
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.