E-L Financial Corporation Limited (ELF.TO) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.
⚠️ Financial ratios are only half the screen, and this verdict does not rest on them. Our business-activity screen classifies E-L Financial Corporation Limited under conventional insurance, which is an excluded sector — so the verdict is non-compliant even though some ratios below pass. Business activity is a hard gate that ratio math never captures.
Computed from published company financials, balance sheet as of 2025-12-31. ELF.TO files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: conventional_insurance
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 9.92% | 30.00% | Pass |
| Interest-bearing investments | 9.35% | 30.00% | Pass |
| Non-permissible income | 15.13% | 5.00% | Fail |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 2.00% | 33.00% | Pass |
| Interest-bearing investments | 1.89% | 33.00% | Pass |
| Non-liquid assets | 97.84% | at least 20.00% | Pass |
| Non-permissible income | 15.13% | 5.00% | Fail |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 2.00% | 33.33% | Pass |
| Cash + interest-bearing securities | 1.89% | 33.33% | Pass |
| Accounts receivable | 2.16% | 33.33% | Pass |
| Non-permissible income | 15.13% | 5.00% | Fail |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 2.00% | 33.33% | Pass |
| Cash + interest-bearing securities | 1.89% | 33.33% | Pass |
| Accounts receivable | 2.16% | 50.00% | Pass |
| Non-permissible income | 15.13% | 5.00% | Fail |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 11.98% | 33.00% | Pass |
| Cash + interest-bearing securities | 11.29% | 33.00% | Pass |
| Accounts receivable | 1.64% | 33.00% | Pass |
| Non-permissible income | 15.13% | 5.00% | Fail |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 13.87% | 33.00% | Pass |
| Cash + interest-bearing securities | 13.07% | 49.00% | Pass |
| Accounts receivable | 1.90% | 49.00% | Pass |
| Non-permissible income | 15.13% | 5.00% | Fail |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 13.87% | 33.33% | Pass |
| Cash + interest-bearing securities | 13.07% | 33.33% | Pass |
| Accounts receivable | 14.96% | 49.00% | Pass |
| Non-permissible income | 15.13% | 5.00% | Fail |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 52.50 | NEUTRAL |
| Stochastic %K (14) | 47.19 | NEUTRAL |
| CCI (20) | -76.40 | NEUTRAL |
| Williams %R (14) | -52.81 | NEUTRAL |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | -0.91 | SELL |
| Momentum (10) | -0.16 | SELL |
| EMA (10) | 17.41 | BUY |
| SMA (10) | 17.40 | BUY |
| EMA (20) | 17.41 | BUY |
| SMA (20) | 17.50 | SELL |
| EMA (30) | 17.36 | BUY |
| SMA (30) | 17.40 | BUY |
| EMA (50) | 17.27 | BUY |
| SMA (50) | 17.22 | BUY |
| EMA (100) | 17.03 | BUY |
| SMA (100) | 17.10 | BUY |
| EMA (200) | 16.55 | BUY |
| SMA (200) | 16.55 | BUY |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Financial Services · Insurance - Life
E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates in two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, limited partnerships, and other private and investment companies. It underwrites life and health insurance policies, wealth management products, employee benefit plans, and financial services, as well as segregated funds, mutual funds, and annuity products to individuals, professionals, and businesses through a network of independent financial advisors, managing general agents, national account firms, and group solutions brokers and representatives. The company was incorporated in 1968 and is headquartered in Toronto, Canada.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.