Occupied territories Halal Trading Room controversy review flags companies domiciled in Israel under Occupied territories. as of 2026-09-11.
A public record of federal contracting, not a Sharia ruling and not our assessment of this company. It sits beside the verdict above and changes nothing about it.
Harel Insurance Investments & Financial Services Ltd (HARL.TA) 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 Harel Insurance Investments & Financial Services Ltd 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 Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. HARL.TA 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 | 55.23% | 30.00% | Fail |
| Interest-bearing investments | 68.48% | 30.00% | Fail |
| Non-permissible income | 0.09% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 13.89% | 33.33% | Pass |
| Cash + interest-bearing securities | 17.23% | 33.33% | Pass |
| Accounts receivable | 17.42% | 33.33% | Pass |
| Non-permissible income | 0.09% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 13.89% | 33.33% | Pass |
| Cash + interest-bearing securities | 17.23% | 33.33% | Pass |
| Accounts receivable | 17.42% | 50.00% | Pass |
| Non-permissible income | 0.09% | 5.00% | Pass |
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 | 103.70% | 33.00% | Fail |
| Cash + interest-bearing securities | 128.58% | 33.00% | Fail |
| Accounts receivable | 1.43% | 33.00% | Pass |
| Non-permissible income | 0.09% | 5.00% | Pass |
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 | 135.68% | 33.00% | Fail |
| Cash + interest-bearing securities | 168.23% | 49.00% | Fail |
| Accounts receivable | 1.87% | 49.00% | Pass |
| Non-permissible income | 0.09% | 5.00% | Pass |
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 | 135.68% | 33.33% | Fail |
| Cash + interest-bearing securities | 168.23% | 33.33% | Fail |
| Accounts receivable | 170.10% | 49.00% | Fail |
| Non-permissible income | 0.09% | 5.00% | Pass |
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) | 59.60 | NEUTRAL |
| Stochastic %K (14) | 71.23 | NEUTRAL |
| CCI (20) | 56.76 | NEUTRAL |
| Williams %R (14) | -28.77 | NEUTRAL |
| MACD (12,26,9) | 32.37 | BUY |
| ROC (10) | 1.38 | BUY |
| Momentum (10) | 261.91 | BUY |
| EMA (10) | 19341.39 | SELL |
| SMA (10) | 19500.23 | SELL |
| EMA (20) | 18855.34 | BUY |
| SMA (20) | 18691.22 | BUY |
| EMA (30) | 18492.77 | BUY |
| SMA (30) | 18216.23 | BUY |
| EMA (50) | 18080.87 | BUY |
| SMA (50) | 17686.66 | BUY |
| EMA (100) | 17500.69 | BUY |
| SMA (100) | 17752.66 | BUY |
| EMA (200) | 16253.58 | BUY |
| SMA (200) | 16578.87 | 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 - Diversified
Harel Insurance Investments & Financial Services Ltd offers insurance and financial services in Israel, Europe, and internationally. The company operates through seven segments: Life Insurance and Savings, Health Insurance, General Insurance, Pension Insurance (Pension and Provident Fund), Overseas Insurance Companies, Credit, and Financial Services. It offers various classes of life insurance products, which provide coverage for risks, such as death, disability, work disability, and critical illness; and long-term saving products, as well as manages pension and provident funds. The company also provides health insurance that provides coverage for illness, hospitalization, and personal accidents; travel insurance, insurance for foreign workers, and insurance for tourists; and dental insurance for treatments such as conservative treatment, periodontal treatment, orthodontic treatment, and oral rehabilitation treatment including implants. In addition, it offers motor vehicle insurance; professional liability insurance for investment consultants, portfolio managers, attorneys, engineers, architects, accountants, and damages caused by third parties; insurance for clinical trials; liability insurance for directors and officers; cyber insurance; third-party liability insurance; employers' liability insurance; and credit insurance for mortgages. Further, the company provides fire, terror loss, comprehensive businesses/offices, fidelity, financial, goods in transit, electronic equipment, contact work, agricultural, mechanical engineering equipment, mechanical breakdown, and apartment insurance products, as well as insurance for building work and various projects by contractors. Additionally, it manages mutual funds, investment portfolios, and private equity funds. Harel Insurance Investments & Financial Services Ltd was founded in 1933 and is based in Ramat Gan, Israel.
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.