Is SHINHAN FINANCIAL GROUP CO LTD (SHG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| DJIM | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| MSCI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| S&P | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| FTSE | Excluded — Banks - Regional | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 36.7% | |
| Net Margin | 31.6% | |
| Return on Equity (ROE) | 8.5% | |
| Return on Assets (ROA) | 0.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4.6T |
| Free Cash Flow | $3.8T |
| Total Debt | $138.7T |
| Total Assets | $739.8T |
Price & Trading
| Last Close | $60.92 |
| 50-Day MA | $62.68 |
| 200-Day MA | $53.50 |
| Avg Volume | 293K |
| Beta | 0.7 |
|
52-Week Range
$28.76
| |
About SHINHAN FINANCIAL GROUP CO LTD (SHG)
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea, Vietnam, and Japan. The company operates in six segments: Banking, Credit card, Securities, Insurance, Credit, and Others. It offers credit, lending and receiving deposits; credit cards, short-term and long-term card loan services, installment financing, and leases; securities trading, consignment trading, and underwriting; life and non-life insurance business; facility rental and new technology business financing; and real estate trust, investment advisory services, venture business investment, and other businesses. Shinhan Financial Group Co., Ltd. was founded in 1982 and is based in Seoul, South Korea.
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Frequently Asked Questions
Is SHINHAN FINANCIAL GROUP CO LTD (SHG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SHINHAN FINANCIAL GROUP CO LTD 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 SHINHAN FINANCIAL GROUP CO LTD's debt ratio?
SHINHAN FINANCIAL GROUP CO LTD's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are SHINHAN FINANCIAL GROUP CO LTD's key financial metrics?
SHINHAN FINANCIAL GROUP CO LTD has a market capitalization of $30.3B, trailing P/E ratio of 9.3. Return on equity stands at 8.5%.
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.