Is SelectQuote, Inc. (SLQT) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 35.0% | |
| Operating Margin | 14.0% | |
| Net Margin | 4.8% | |
| Return on Equity (ROE) | 16.4% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$12M |
| Free Cash Flow | -$23M |
| Total Debt | $416M |
| Debt-to-Equity | 70.4 |
| Current Ratio | 1.8 |
| Total Assets | $1.2B |
Price & Trading
| Last Close | $0.61 |
| 50-Day MA | $0.99 |
| 200-Day MA | $1.67 |
| Avg Volume | 1.5M |
| Beta | 1.2 |
|
52-Week Range
$0.58
| |
About SelectQuote, Inc. (SLQT)
SelectQuote, Inc. operates a technology-enabled, direct-to-consumer distribution and engagement platform that sells insurance policies and healthcare services in the United States. The company operates through three segments: Senior, Healthcare Services, and Life. It offers medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance-related products, as well as engages in lead generation business; term life, final expense, and other ancillary products; non-commercial auto and home, property, and casualty insurance products. The company also provides SelectRx, a patient-centered pharmacy; Healthcare Select, which uses data from personal health risk and lifestyle assessment; HomeTM (PCPH), an accredited pharmacy; SelectPatient Management (SPM), a platform that helps patients navigate their chronic conditions and manage them using a treatment plan; and individual automobile and homeowners' insurance. SelectQuote, Inc. was incorporated in 1999 and is headquartered in Overland Park, Kansas.
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Frequently Asked Questions
Is SelectQuote, Inc. (SLQT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SelectQuote, 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 SelectQuote, Inc.'s debt ratio?
SelectQuote, 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 SelectQuote, Inc.'s key financial metrics?
SelectQuote, Inc. has a market capitalization of $105M, and revenue of $1.5B. The company maintains a gross margin of 35.0% and a net margin of 4.8%. Return on equity stands at 16.4%.
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.