Is SUN LIFE FINANCIAL INC (SLF) Halal?

NYSE Financial Services Canada $34.1B
✗ NOT HALAL
Confidence: 95/100
SUN LIFE FINANCIAL INC (SLF) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Diversified 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 - Diversified ✗ NOT HALAL
DJIM Excluded — Insurance - Diversified ✗ NOT HALAL
MSCI Excluded — Insurance - Diversified ✗ NOT HALAL
S&P Excluded — Insurance - Diversified ✗ NOT HALAL
FTSE Excluded — Insurance - Diversified ✗ NOT HALAL

Financial Highlights

P/E Ratio
13.8
Forward: 9.9
EPS
$4.45
Dividend Yield
438.0%
Payout: 57.2%
P/B Ratio
2.1
EV/EBITDA
-7.0
EV: -$40.3B
Revenue
$38.4B
Growth: 4.7%
Beta
0.8
Low volatility
Current Ratio
8.0

Profitability

Gross Margin 40.6%
Operating Margin 15.1%
Net Margin 10.2%
Return on Equity (ROE) 13.9%
Return on Assets (ROA) 0.9%

Cash Flow & Balance Sheet

Operating Cash Flow$2.8B
Free Cash Flow$2.7B
Total Debt$18.8B
Debt-to-Equity90.3
Current Ratio8.0
Total Assets$398.5B

Price & Trading

Last Close$62.53
50-Day MA$64.22
200-Day MA$61.67
Avg Volume645K
Beta0.8
52-Week Range
$52.44
$69.67

About SUN LIFE FINANCIAL INC (SLF)

CEO
Mr. Kevin David Strain C.A., C.P.A.
Employees
32,151
Sector
Financial Services
Industry
Insurance - Diversified
Country
Canada
Exchange
NYSE
Market Cap
$34.1B
Currency
USD

Sun Life Financial Inc., a financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability. The company also provides investments products, such as mutual funds, segregated funds, annuities, and guaranteed investment products; financial planning services; and asset management products, including pooled funds, institutional portfolios and pension funds. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is SUN LIFE FINANCIAL INC (SLF) halal to invest in?

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

SUN LIFE FINANCIAL 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 SUN LIFE FINANCIAL INC's key financial metrics?

SUN LIFE FINANCIAL INC has a market capitalization of $34.1B, trailing P/E ratio of 13.8, and revenue of $38.4B. The company maintains a gross margin of 40.6% and a net margin of 10.2%. Return on equity stands at 13.9%.

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.