Is FNF halal?
Fidelity National Financial, In
Not halal
Fidelity National Financial, In did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
40.05
Day
+0.93%
Market cap
$10.73B
Industry
Insurance - Specialty
Sector
Financial Services
What the company does
Fidelity National Financial is the largest US title insurer (insuring property ownership in home purchases) and owns the F&G annuity and life-insurance unit. Revenue comes from title premiums and annuity investment income.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Prohibited activity: Insurance - Specialty
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $4.38B ÷ 36-month average market cap $14.78B = 29.6%
29.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $31.33B ÷ 36-month average market cap $14.78B = 212.0%
212.0%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $2.94B ÷ annual revenue $14.14B (2025) = 20.8%
20.8%
Fail
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $10.73B.
For information (AAOIFI 3/1 note): cash + receivables are 46.0% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $47.16
- Glenn GreenbergBrave Warrior Advisors$162.6M3.5%
- Third Avenue Management$9.1M1.5%
- First Eagle Investment Management$846.7M0.7%
Related articles
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.