Is Definity Financial Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Definity Financial Corp (DFY.TO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Definity Financial Corp 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 Definity Financial Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Definity Financial Corp?

Muslim investors may consider investing in Definity Financial Corp 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 Definity Financial Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Definity Financial Corp 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 Definity Financial Corp updated?

The Shariah compliance status of Definity Financial Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Definity Financial Corp 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 Definity Financial Corp?

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

DFY.TO Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: March 17, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Definity Financial Corp (DFY.TO)

Based on 15 analysts giving stock ratings to Definity Financial Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Definity Financial Corp. Stock Analysis DFY.TO

Canada Financials Mid Cap Report: 2025 Annual

Definity Financial Corp. engages in the provision of property and casualty insurance. The company is headquartered in Waterloo, Ontario and currently employs 3,393 full-time employees. The company went IPO on 2021-11-18. The company provides service and reliable insurance coverage, whether through a licensed broker or its digital direct channel. The company offers both personal and commercial insurance products. The company offers auto, property, liability, and pet insurance products to individual customers. Its commercial lines insurance operations include fleet, individually rated commercial auto, property, liability and specialty insurance products, which are provided to businesses of all sizes in Canada. The Company’s brands include Economical Insurance, Sonnet Insurance Company, Family Insurance Solutions Inc., and Petline Insurance Company. Petline Insurance Company is a pet health insurance company. Family Insurance Solutions Inc. is a distributor of home and optional auto insurance in British Columbia. Economical Insurance is a property and casualty insurance company. Sonnet Insurance Company helps to purchase insurance directly online.

Key Statistics of Definity Financial Corp (DFY.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD64.36CAD65.81

Today's Open

CAD65.51

Volume

90.05K

P/E Ratio (TTM)

19.41

52 Week Range

CAD57.93CAD79.95

Market Cap

8.10B

Avg. Volume

145.25K

Dividend Yield

1.09%

Financial Metrics & Statements of Definity Financial Corp (DFY.TO)

FAQ's for Definity Financial Corp (DFY.TO)

According to Musaffa’s Shariah screening methodology, Definity Financial Corp (DFY.TO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.