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Shariah compliance overview

Not Halal

Globe Life Inc. (GL) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Globe Life Inc.

Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States.

Globe Life Inc. (GL) operates in the Financial Services sector, in the Insurance - Life industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing securities and assets.

Business Activity
17.79%Limit 5%Fail
Interest-bearing debt
24.08%Limit 30%Pass
Interest-bearing securities and assets
165.57%Limit 30%Fail
Dividend purification
16.82%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Globe Life Inc. (GL). Current Akinda screening label: Not Halal.