Is SECURITY NATIONAL FINANCIAL CORP (SNFCA) Halal?

NASDAQ Financial Services United States $240M
✗ NOT HALAL
Confidence: 95/100
SECURITY NATIONAL FINANCIAL CORP (SNFCA) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Life 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 - Life ✗ NOT HALAL
DJIM Excluded — Insurance - Life ✗ NOT HALAL
MSCI Excluded — Insurance - Life ✗ NOT HALAL
S&P Excluded — Insurance - Life ✗ NOT HALAL
FTSE Excluded — Insurance - Life ✗ NOT HALAL

Financial Highlights

P/E Ratio
7.3
EPS
$1.26
P/B Ratio
0.6
EV/EBITDA
4.1
EV: $226M
Revenue
$345M
Growth: 4.7%
Beta
0.7
Low volatility
Current Ratio
2.0

Profitability

Gross Margin 50.4%
Operating Margin 22.2%
Net Margin 9.3%
Return on Equity (ROE) 8.1%
Return on Assets (ROA) 1.9%

Cash Flow & Balance Sheet

Operating Cash Flow$46M
Free Cash Flow$44M
Total Debt$98M
Debt-to-Equity25.0
Current Ratio2.0
Total Assets$1.6B

Price & Trading

Last Close$9.21
50-Day MA$9.02
200-Day MA$8.79
Avg Volume35K
Beta0.7
52-Week Range
$7.32
$11.74

About SECURITY NATIONAL FINANCIAL CORP (SNFCA)

CEO
Mr. Scott Milton Quist
Employees
1,035
Sector
Financial Services
Industry
Insurance - Life
Country
United States
Exchange
NASDAQ
Market Cap
$240M
Currency
USD

Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; and annuity products comprising single and flexible premium deferred annuities, and immediate annuities. This segment also cedes and assumes various risks with various authorized unaffiliated reinsurers pursuant to reinsurance treaties. Its cemetery and mortuary segment consists of eleven mortuaries and five cemeteries in the state of Utah, one cemetery in the state of California, and one cemetery and four mortuaries in the state of New Mexico. This segment also offers plots, interment vaults, mausoleum crypts, markers, caskets, urns, and other death care related products; and provides professional services of funeral directors, opening and closing of graves, use of chapels and viewing rooms, and use of automobiles and clothing, as well as engages in pre-need selling of funeral, cemetery, mortuary, and cremation services. The company's Mortgages segment originates and underwrites residential and commercial loans for new construction, existing homes, and real estate projects primarily in Florida, Arizona, Nevada, Texas, and Utah. It offers residential mortgage lending services to real estate brokers and builders, as well as directly to consumers. Security National Financial Corporation was founded in 1965 and is headquartered in Salt Lake City, Utah.

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Frequently Asked Questions

Is SECURITY NATIONAL FINANCIAL CORP (SNFCA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SECURITY NATIONAL FINANCIAL 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 SECURITY NATIONAL FINANCIAL CORP's debt ratio?

SECURITY NATIONAL FINANCIAL 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 SECURITY NATIONAL FINANCIAL CORP's key financial metrics?

SECURITY NATIONAL FINANCIAL CORP has a market capitalization of $240M, trailing P/E ratio of 7.3, and revenue of $345M. The company maintains a gross margin of 50.4% and a net margin of 9.3%. Return on equity stands at 8.1%.

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.