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Shariah compliance overview

Not Halal

Phoenix Group Holdings plc (PHNX.L) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Phoenix Group Holdings plc

Phoenix Group Holdings plc is a European financial services firm specializing in long-term savings and retirement solutions. Its operations are structured across four main divisions: UK Heritage, UK Open, Europe, and Management Services.

Phoenix Group Holdings plc (PHNX.L) operates in the Financial Services sector, in the Insurance - Life industry.

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

Business Activity
0.00%Limit 5%Pass
Interest-bearing debt
65.15%Limit 30%Fail
Interest-bearing securities and assets
127.19%Limit 30%Fail
Dividend purification
0.00%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 Phoenix Group Holdings plc (PHNX.L). Current Akinda screening label: Not Halal.