Is REINSURANCE GROUP OF AMERICA INC (RGA) Halal?

NYSE Financial Services United States $13.1B
✗ NOT HALAL
Confidence: 95/100
REINSURANCE GROUP OF AMERICA INC (RGA) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Reinsurance 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 — 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

P/E Ratio
11.2
Forward: 6.9
EPS
$17.69
Dividend Yield
187.0%
Payout: 20.6%
P/B Ratio
1.0
EV/EBITDA
7.3
EV: $14.3B
Revenue
$23.7B
Growth: 26.6%
Beta
0.5
Low volatility
Current Ratio
1.3

Profitability

Gross Margin 13.7%
Operating Margin 9.2%
Net Margin 5.0%
Return on Equity (ROE) 9.7%
Return on Assets (ROA) 0.9%

Cash Flow & Balance Sheet

Operating Cash Flow$4.1B
Free Cash Flow$4.1B
Total Debt$5.7B
Debt-to-Equity42.1
Current Ratio1.3
Total Assets$156.6B

Price & Trading

Last Close$204.26
50-Day MA$207.94
200-Day MA$197.01
Avg Volume403K
Beta0.5
52-Week Range
$159.25
$229.21

About REINSURANCE GROUP OF AMERICA INC (RGA)

CEO
Mr. Tony Cheng F.S.A.
Employees
4,300
Sector
Financial Services
Industry
Insurance - Reinsurance
Country
United States
Exchange
NYSE
Market Cap
$13.1B
Currency
USD

Reinsurance Group of America, Incorporated provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia. It offers individual and group life and health, disability, long-term care, and critical illness reinsurance; and financial solutions, such as asset-intensive reinsurance, longevity reinsurance, stable value products, pension risk transfer transactions, and capital solutions. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risks; coinsurance of payout annuities; underwritten annuities; funding agreement backed note program and other capital motivated solutions; and superannuation. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is REINSURANCE GROUP OF AMERICA INC (RGA) halal to invest in?

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

REINSURANCE GROUP OF AMERICA 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 REINSURANCE GROUP OF AMERICA INC's key financial metrics?

REINSURANCE GROUP OF AMERICA INC has a market capitalization of $13.1B, trailing P/E ratio of 11.2, and revenue of $23.7B. The company maintains a gross margin of 13.7% and a net margin of 5.0%. Return on equity stands at 9.7%.

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.