Midwest Holding Inc

MDWT

$

Closing

1D

YTD

Market cap

$

52 week high

$

52 week low

$

Volume

Check if the stock is halal

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Market cap

$

Analysts' Rating

HOLD

Price Target (Mean)

27

Total Analysts

2

P/E

Operating Margin

0.00%

Beta

Revenue Growth (Annual)

-4.25%

52 week high

$

52 week low

$

Div. Yield

%

EPS Annual Growth

-109.62

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Midwest Holding Inc. is a financial services company. The Company is a technology-enabled, services-oriented annuity platform. It operates through its wholly owned subsidiaries, American Life & Security Corp. (American Life) and 1505 Capital LLC, as well as through its sponsored captive reinsurance company, Seneca Reinsurance Company, LLC. American Life is licensed to sell, underwrite, and market life insurance and annuity products in 25 states and the District of Columbia. It designs and develops annuity products that are distributed through independent distribution channels, to a large and growing demographic of United States retirees. The Company originates, manages, and typically transfers these annuities through reinsurance arrangements to asset managers and other third-party investors. It also provides the operational and regulatory infrastructure and expertise to enable asset managers and third-party investors to form and manage their own reinsurance capital vehicles.