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Is Unum Group Stock Halal?
Shariah Compliance Analysis of UNM Stock
No. As of November 2026, Unum Group (UNM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Unum Group does not pass Musaffa's business and financial screening criteria.
Unum Group engages in the provision of financial protection benefits. The company is headquartered in Chattanooga, Tennessee and currently employs 10,684 full-time employees. The firm offers disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum International, and Colonial Life. The Unum US segment comprises group disability, group life and accidental death and dismemberment, and supplemental and voluntary lines of business. The company includes long-term and short-term disability, medical stop-loss, and fee-based service products. The Unum International segment includes insurance for group long-term disability, group life, and supplemental lines of business which include dental, individual disability, and critical illness products. The Colonial Life segment includes the accident, sickness, and disability product line, life product line, and cancer and critical illness product line. Its products are marketed to employees, on both a group and an individual basis.
UNM Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, Unum Group is classified as not halal.
NOT HALALUnum Group (UNM) Chart
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Financial Metrics & Statements of Unum Group (UNM)
FAQ's for Unum Group (UNM)
- As of November 2026, Unum Group UNM 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 Unum Group using these criteria to determine its compliance status.
- Muslim investors may consider investing in Unum Group 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 Unum Group 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 Unum Group 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 Unum Group 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 Unum Group (UNM)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
| Name | Price | 1D Change | Market Cap | Rating | |
|---|---|---|---|---|---|
Maase Inc MAAS | $12.11 | 2.50% | $7.01B | Unlock | |
Kingsway Corp KWY | $9.83 | 1.31% | $283.23M | Unlock | |
QDM International Inc QDMI | $10.30 | 0.00% | $73.41M | Unlock |