NNA.TU Shariah Compliance
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NN Group NV. Stock Analysis NNA.TU
NN Group NV engages in the provision of financial services. The company is headquartered in 'S-Gravenhage, Zuid-Holland and currently employs 13,497 full-time employees. The company went IPO on 2014-07-02. The company operates seven segments. The Netherlands Life segment offers group and individual life insurance products and pensions. The Netherlands Non-life provides motor, transport, fire, liability and travel insurance, as well as income protection products. The Insurance Europe comprises life insurance offered in 11 European countries, pensions, non-life insurance in Belgium and Spain, and healthcare insurance in Greece. The Japan Life offers corporate owned life insurance (COLI). The Investment Management provides investment products and advisory services. The Other segment comprises the business of Nationale-Nederlanden Bank and the Company's internal reinsurer, ING Re, as well as holding and other results. The Japan Closed Block VA comprises the closed-block single premium variable annuity (SPVA) individual life insurance. In July 2014, ING Groep NV reduced its ownership in the Company to 68.1%.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.