What is Reinsurance Group of America, Incorporated's Shariah compliance score?

Reinsurance Group of America, Incorporated's (RGA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Reinsurance Group of America, Incorporated pass AAOIFI screening?

Reinsurance Group of America, Incorporated (RGA) 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% (RGA: 37.8%), (3) interest-bearing deposits below 30% (RGA: 27.6%), and (4) prohibited income below 5% (RGA: 1.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Reinsurance Group of America, Incorporated stock?

Reinsurance Group of America, Incorporated (RGA) has a non-permissible income ratio of 1.52%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RGA 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 Reinsurance Group of America, Incorporated for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Reinsurance Group of America, Incorporated (RGA) 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 RGA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RGA: Is Reinsurance Group of America, Incorporated Halal?

Reinsurance Group of America, Incorporated

NYSEFinancial ServicesUS

$198.37

-0.17%

Market Cap: 13.0B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Reinsurance Group of America, Incorporated (RGA) halal? Not Halal. Based on AAOIFI screening, Reinsurance Group of America, Incorporated 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%.

37.8% of 30.0% limit

What this means for you

Most scholars advise not holding RGA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Reinsurance Group of America, Incorporated

Reinsurance Group of America, Incorporated engages in reinsurance business. It offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, it develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. The company serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.

Sector: Financial Services · Industry: Insurance - Reinsurance

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Failed

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

Prohibited industry: Insurance - Reinsurance

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+

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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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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Reinsurance Group of America, Incorporated (RGA) halal to invest in?

Reinsurance Group of America, Incorporated (RGA) 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 Reinsurance Group of America, Incorporated get a F compliance rating?

Reinsurance Group of America, Incorporated (RGA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 37.8% (limit 30%); interest-bearing deposits of 27.6% (limit 30%); prohibited income of 1.52% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Reinsurance Group of America, Incorporated's Shariah verdict?

Reinsurance Group of America, Incorporated'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 Reinsurance Group of America, Incorporated re-screened for Shariah compliance?

Reinsurance Group of America, Incorporated (RGA) 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 17, 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.