GL – Globe Life Inc

Not Compliant

Globe Life Inc is not Shariah Compliant because of its involvement in Life Insurance and related activities.

Globe Life Inc. is an insurance holding company. The Company’s primary subsidiaries include Globe Life And Accident Insurance Company, American Income Life Insurance Company, Liberty National Life Insurance Company, Family Heritage Life Insurance Company of America, and United American Insurance Company. The Company offers Medicare Supplement and limited-benefit supplemental health insurance products, which include primarily critical illness and accident plans. These products are designed to supplement health coverage that applicants already own. Medicare Supplements offers to enrollees in fee-for-service Medicare program. The Company operates through four segments: life insurance, supplemental health insurance, annuities, and investments. Life insurance segment’s products include traditional whole life and term life insurance.

AAOIFI ✗

Debt ÷ Market cap (MC)19.32
Non-Compliant Assets ÷ MC166.81
Impure Income (incl. Interest)
Impure Income%
Interest Income%
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