Is Chartered Life Insurance Company Ltd halal to invest in?

As of September 2026, Chartered Life Insurance Company Ltd CLICL.DS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Chartered Life Insurance Company Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Chartered Life Insurance Company Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Chartered Life Insurance Company Ltd?

Muslim investors may consider investing in Chartered Life Insurance Company Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Chartered Life Insurance Company Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Chartered Life Insurance Company Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Chartered Life Insurance Company Ltd updated?

The Shariah compliance status of Chartered Life Insurance Company Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Chartered Life Insurance Company Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Chartered Life Insurance Company Ltd?

You can check the latest Shariah compliance status of Chartered Life Insurance Company Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Chartered Life Insurance Company Ltd Stock Halal?

Shariah Compliance Analysis of CLICL.DS Stock

Bangladesh Financials Nano Cap

No. As of September 2026, Chartered Life Insurance Company Ltd (CLICL.DS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Chartered Life Insurance Company Ltd does not pass Musaffa's business and financial screening criteria.

Chartered Life Insurance Co. Ltd. engages in the provision of insurance services. The firm sells individual life insurance policies and group life insurance policies. The firm's insurance plans include Chartered Individual Life Insurance, Chartered AL-Barakah Life Insurance, Chartered Heath and Group Insurance and Bancassurance. The Chartered Individual Life Insurance plan includes Chartered Shurokkha Plan, Chartered Five Payment Plan, Chartered Child Education Protection Plan, Chartered Pension Plan, and Chartered Monthly Savings Plan. The Chartered AL-Barakah Life Insurance plan includes Chartered AL-Barakah Monthly Saving Plan, Chartered AL-Barakah Single Premium Plan, and Chartered AL-Barakah Hajj Bima. The Chartered Heath and Group Insurance plan includes Chartered Nirapotta (3 years), CharteredNirapotta (5 years), Group Life Insurance Plan, Health Insurance Plan, and Chartered Manpower Plan.

Chartered Life Insurance Company Ltd CLICL.DS

CLICL.DS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Chartered Life Insurance Company Ltd is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report