Suncorp Group Ltd SNMCY
$13.84 $0.46 (3.22%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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SNMCY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Suncorp Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Suncorp Group Ltd. Stock Analysis SNMCY
United States Financials Large Cap Suncorp Group Ltd. is a financial services company, which engages in the provision of banking, wealth, and insurance products and services. The company is headquartered in Brisbane, Queensland. The Company’s segments include Consumer Insurance, Commercial and Personal Injury, Suncorp New Zealand, and Corporate and Internal Reinsurance. The Consumer Insurance segment is engaged in the provision of insurance products to customers in Australia, including home and contents, motor and boat. The Commercial and Personal Injury segment is engaged in the provision of insurance products to customers in Australia, including commercial motor, commercial property, marine, industrial special risks, public liability and professional indemnity, workers’ compensation and compulsory third party. The Suncorp New Zealand segment is involved in the provision of general and life insurance products to customers in New Zealand. Its products include home and contents, motor, commercial property, public liability and professional indemnity, life, trauma, total and permanent disablement and income protection.
Suncorp Group Ltd (SNMCY) Chart
Financial Metrics & Statements of Suncorp Group Ltd (SNMCY)
FAQ's for Suncorp Group Ltd (SNMCY)
- As of August 2026, Suncorp Group Ltd SNMCY 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Suncorp Group Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Suncorp Group 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.
- Musaffa determines the Shariah status of Suncorp Group Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Suncorp Group Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Suncorp Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Suncorp Group Ltd (SNMCY)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
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