Is MANULIFE FINANCIAL CORP 4.65% N (MNQFF) Stock Halal or Haram?
MANULIFE FINANCIAL CORP 4.65% N (MNQFF) - Not Halal (Non-Compliant)
MANULIFE FINANCIAL CORP 4.65% N (MNQFF) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
Sector
Industry
Result
Pass
Reason
The sector "" and industry "" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: N/A | Threshold: 30% | Result: Warning
Cash & Interest-bearing Securities Ratio
Value: N/A | Threshold: 30% | Result: Warning
Non-Permissible Income Ratio
Value: 35.9% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 35.86%.Based on the company's financial statements, approximately 35.86% of dividend income should be donated to charity for purification. This is derived from identified interest income (35.86% of total income). Some scholars may differ on the exact calculation method.
Frequently Asked Questions
Is MANULIFE FINANCIAL CORP 4.65% N (MNQFF) stock halal to invest in?
According to AAOIFI Shariah screening standards, MANULIFE FINANCIAL CORP 4.65% N (MNQFF) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does MANULIFE FINANCIAL CORP 4.65% N have any interest income?
MANULIFE FINANCIAL CORP 4.65% N's interest income ratio is 0.0% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if MNQFF stock is Shariah-compliant?
MNQFF is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Screened October 20, 2026·Financials: period ended 31 Dec 2025·Balance sheet as of 30 Jun 2026
Business Activity
Pass
The sector "" and industry "" are not in the excluded categories.
Business-activity data: industry and company description only, no revenue breakdown found (lower confidence). How coverage works
Financial Ratios
Fail
Debt RatioData Not Available
Cash & Interest-bearing Securities RatioData Not Available
Non-Permissible Income Ratio35.9% / 5%
Denominator: Market Capitalization
Dividend Purification
35.86%
Based on the company's financial statements, approximately 35.86% of dividend income should be donated to charity for purification. This is derived from identified interest income (35.86% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Apr 28, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, MANULIFE FINANCIAL CORP 4.65% N (MNQFF) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
MANULIFE FINANCIAL CORP 4.65% N's interest income ratio is 0.0% of total revenue. AAOIFI standards require this to be below 30%.
MNQFF is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
MANULIFE FINANCIAL CORP 4.65% N's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save MNQFF to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from MANULIFE FINANCIAL CORP 4.65% N require purification. Approximately 35.86% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
How often is MANULIFE FINANCIAL CORP 4.65% N stock reviewed for Shariah compliance?
MANULIFE FINANCIAL CORP 4.65% N's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on MANULIFE FINANCIAL CORP 4.65% N's compliance status?
You can save MNQFF to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from MANULIFE FINANCIAL CORP 4.65% N stock considered halal?
Dividends from MANULIFE FINANCIAL CORP 4.65% N require purification. Approximately 35.86% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my MANULIFE FINANCIAL CORP 4.65% N shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
