Is SLM Corp (SLM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Credit Services | ✗ NOT HALAL | |||
| DJIM | Excluded — Credit Services | ✗ NOT HALAL | |||
| MSCI | Excluded — Credit Services | ✗ NOT HALAL | |||
| S&P | Excluded — Credit Services | ✗ NOT HALAL | |||
| FTSE | Excluded — Credit Services | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 66.8% | |
| Net Margin | 45.1% | |
| Return on Equity (ROE) | 32.3% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$399M |
| Free Cash Flow | -$399M |
| Total Debt | $5.9B |
| Debt-to-Equity | 239.1 |
| Current Ratio | 1.3 |
| Total Assets | $29.7B |
Price & Trading
| Last Close | $20.64 |
| 50-Day MA | $23.05 |
| 200-Day MA | $27.84 |
| Avg Volume | 3.7M |
| Beta | 1.2 |
|
52-Week Range
$17.77
| |
About SLM Corp (SLM)
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
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Frequently Asked Questions
Is SLM Corp (SLM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SLM Corp 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 SLM Corp's debt ratio?
SLM Corp's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are SLM Corp's key financial metrics?
SLM Corp has a market capitalization of $4.0B, trailing P/E ratio of 5.9, and revenue of $2.0B. The company maintains a gross margin of 100.0% and a net margin of 45.1%. Return on equity stands at 32.3%.
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.