
Is Abacus Global Management (ABX) stock Halal?
September 2026 AAOIFI screening result for Abacus Global Management, Inc. (ABX): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Abacus Global Management, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Abacus Global Management is an industry-leading company specializing in life settlement solutions and services. Its primary focus is on purchasing and managing life insurance policies, offering individuals the opportunity to sell their policies for immediate cash. This offers policyholders a viable financial planning tool, particularly for seniors who may no longer need or afford their insurance coverage. Before any of that matters to a Muslim investor, one question comes first: is Abacus Global Management stock Halal?
Is Abacus Global Management Shariah compliant?
In financial services the activity screen carries the verdict more often than anywhere else: AAOIFI Shariah Standard No. 21 draws a hard line between fee based, permissible services and earning Riba as a business model. For Abacus Global Management, that distinction comes first, with the debt and investment ratios behind it.
Does Abacus Global Management pass the business activity test?
The activity screen is only part of the picture this month: Abacus Global Management currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The watch item in this sector is the sharpest of all: revenue must come from permissible services, not from lending at interest.
Is Abacus Global Management's income Halal?
No. Abacus Global Management's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Abacus Global Management meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read What is Riba? A Clear Guide for Ethical Muslim Investing



