What is Abacus Global Management, Inc.'s Shariah compliance score?

Abacus Global Management, Inc.'s (ABX) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Abacus Global Management, Inc. pass AAOIFI screening?

Abacus Global Management, Inc. (ABX) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ABX: 38.9%), (3) interest-bearing deposits below 30% (ABX: 3.7%), and (4) prohibited income below 5% (ABX: 2.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Abacus Global Management, Inc. stock?

Abacus Global Management, Inc. (ABX) has a non-permissible income ratio of 2.66%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ABX shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Abacus Global Management, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Abacus Global Management, Inc. (ABX) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ABX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ABX: Is Abacus Global Management, Inc. Halal?

Abacus Global Management, Inc.

NYSEFinancial ServicesUS

$11.63

-1.44%

Market Cap: 1.1B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Abacus Global Management, Inc. (ABX) halal? Not Halal. Based on AAOIFI screening, Abacus Global Management, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

38.9% of 30.0% limit

What this means for you

Most scholars advise not holding ABX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Abacus Global Management, Inc.

Abacus Global Management, Inc., established in 2004 and based in Orlando, Florida, operates within the United States as both an alternative asset manager and a market maker. The firm, set to officially transition its name from Abacus Life, Inc. in February 2025, organizes its business across five principal divisions. Its Active Management segment focuses on the procurement, divestiture, and exchange of policies, overseeing their administration until death benefits are released. The Originations segment specializes in brokering life insurance policy settlements, connecting investors or purchasers with original policyholders who are selling their policies. Through its Asset Management operations, the company delivers comprehensive asset management services to investors engaged in alternative investment and equity portfolio funds, all governed by fund investment agreements. Additionally, the Portfolio Servicing division provides contractual policy administration support to its clients. The Technology Services segment offers specialized, contract-based services specifically for the life insurance sector, such as real-time mortality checks and the verification of missing participants. Abacus distributes its various products and services through a range of channels, including financial advisors, agents, direct sales to consumers, and established intermediaries in the life settlements market.

Sector: Financial Services · Industry: Insurance - Life

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Insurance - Life

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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A+

PYPL

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C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Abacus Global Management, Inc. (ABX) halal to invest in?

Abacus Global Management, Inc. (ABX) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Abacus Global Management, Inc. get a F compliance rating?

Abacus Global Management, Inc. (ABX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 38.9% (limit 30%); interest-bearing deposits of 3.7% (limit 30%); prohibited income of 2.66% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Abacus Global Management, Inc.'s Shariah verdict?

Abacus Global Management, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Abacus Global Management, Inc. re-screened for Shariah compliance?

Abacus Global Management, Inc. (ABX) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.