Is Kansas City Life Insurance Co halal to invest in?

According to Musaffa's Shariah screening methodology, Kansas City Life Insurance Co (KCLI) is currently classified as NOT HALAL as of January 2025. 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 Kansas City Life Insurance Co 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 Kansas City Life Insurance Co using these criteria to determine its compliance status.

Can Muslims buy shares of Kansas City Life Insurance Co?

Muslim investors may consider investing in Kansas City Life Insurance Co 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 Kansas City Life Insurance Co classified as NOT HALAL?

Musaffa determines the Shariah status of Kansas City Life Insurance Co 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 Kansas City Life Insurance Co updated?

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

Can a halal stock like Kansas City Life Insurance Co 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 Kansas City Life Insurance Co?

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

KCLI Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 09, 2025

Report Source: 2024 3rd Quarter Report

Kansas City Life Insurance Co. Stock Analysis KCLI

United States Financials Micro Cap Report: Q3, 2024

Kansas City Life Insurance Co. engages in the provision of financial protection through the sale of life insurance and annuities. The company is headquartered in Kansas City, Missouri. The firm offers a diversified portfolio of individual insurance, annuity, and group life and health products through its life insurance companies. The Company’s segments include Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment consists of individual insurance products for Kansas City Life Insurance Company (Kansas City Life), Grange Life Insurance Company (Grange Life), and the assumed reinsurance transactions. The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products. The Old American segment consists of individual insurance products designed largely as final expense products. Its wholly owned subsidiaries include Old American Insurance Company and Grange Life Insurance Company.

Key Statistics of Kansas City Life Insurance Co (KCLI)

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

Today's Range

$31.67$31.79

Today's Open

$31.79

Volume

260.00

P/E Ratio (TTM)

52 Week Range

$27.75$36.49

Market Cap

290.78M

Avg. Volume

2657.48

Dividend Yield

1.78%

Financial Metrics & Statements of Kansas City Life Insurance Co (KCLI)

FAQ's for Kansas City Life Insurance Co (KCLI)

According to Musaffa’s Shariah screening methodology, Kansas City Life Insurance Co (KCLI) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.