Is Voya Financial, Inc. (VOYA-PB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Financial Conglomerates | ✗ NOT HALAL | |||
| DJIM | Excluded — Financial Conglomerates | ✗ NOT HALAL | |||
| MSCI | Excluded — Financial Conglomerates | ✗ NOT HALAL | |||
| S&P | Excluded — Financial Conglomerates | ✗ NOT HALAL | |||
| FTSE | Excluded — Financial Conglomerates | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 55.9% | |
| Operating Margin | 10.7% | |
| Net Margin | 8.0% | |
| Return on Equity (ROE) | 11.2% | |
| Return on Assets (ROA) | 0.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.3B |
| Free Cash Flow | $1.3B |
| Total Debt | $3.2B |
| Debt-to-Equity | 68.9 |
| Current Ratio | 4.9 |
| Total Assets | $178.9B |
Price & Trading
| Last Close | $23.35 |
| 50-Day MA | $24.19 |
| 200-Day MA | $24.34 |
| Avg Volume | 15K |
| Beta | 0.9 |
|
52-Week Range
$22.81
| |
About Voya Financial, Inc. (VOYA-PB)
Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally. The company operates through three segments: Retirement, Investment Management and Employee Benefits. The Retirement segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees. This segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional clients and individual customers. The Employee Benefits segment offers various insurance products comprising stop loss, group life, group disability, whole and term life, critical illness, accident, and hospital indemnity insurance. This segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors, financial intermediaries, and institutional clients through its direct sales force, consultant channel, intermediary partners, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.
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Frequently Asked Questions
Is Voya Financial, Inc. (VOYA-PB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Voya 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 Voya Financial, Inc.'s debt ratio?
Voya 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 Voya Financial, Inc.'s key financial metrics?
Voya Financial, Inc. has a market capitalization of $7.0B, trailing P/E ratio of 2.7, and revenue of $8.0B. The company maintains a gross margin of 55.9% and a net margin of 8.0%. Return on equity stands at 11.2%.
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.