What is Donegal Group Inc.'s Shariah compliance score?

Donegal Group Inc.'s (DGICA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Donegal Group Inc. pass AAOIFI screening?

Donegal Group Inc. (DGICA) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (DGICA: 5.4%), (3) interest-bearing deposits below 30% (DGICA: 8.2%), and (4) prohibited income below 5% (DGICA: 4.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Donegal Group Inc. stock?

Donegal Group Inc. (DGICA) has a non-permissible income ratio of 4.36%. Muslim investors should purify this percentage of any dividends received and capital gains realized from DGICA shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Donegal Group Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Donegal Group Inc. (DGICA) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about DGICA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Donegal Group Inc. (DGICA) halal? Not Halal. Based on AAOIFI screening, Donegal Group Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

DGICA: Is Donegal Group Inc. Halal?

Not Halal

Donegal Group Inc.

NASDAQFinancial ServicesUS

$17.53

+0.40%

AvoidBorderlineClean

About Donegal Group Inc.

Donegal Group Inc. functions as an insurance holding company, delivering both personal and commercial property and casualty coverage to individuals and businesses. Its operations are organized into three distinct divisions: Investment Operations, Personal Insurance Offerings, and Commercial Insurance Offerings. For personal clients, the firm furnishes private passenger automobile policies, which shield policyholders against financial responsibility for injuries or property harm stemming from car accidents, alongside safeguarding against damage to their own vehicles. It also extends homeowners policies, covering losses to residences and their contents due to various dangers such as fire, lightning, windstorms, and theft, in addition to the policyholder's accountability for injury to others or their possessions. On the commercial front, Donegal Group Inc. offers vehicle insurance for businesses, providing safeguards against accident-related bodily harm and property damage, as well as loss from damage to company-owned automobiles. Furthermore, it supplies commercial multi-peril policies that consolidate both liability and physical damage coverages for businesses, and workers' compensation policies that provide benefits to employees injured during their employment. The company distributes its insurance products mainly to clients in the Mid-Atlantic, Midwestern, New England, Southern, and Southwestern regions, leveraging a network of approximately 2,300 independent insurance agencies. Established in 1986, Donegal Group Inc.'s main office is situated in Marietta, Pennsylvania.

Sector: Financial Services · Industry: Insurance - Property & Casualty

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Insurance - Property & Casualty

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap5.4% / 30.0%

Compliance History

Not Halalnow
since Apr 2026
Halal
before we began tracking

Tracked since Apr 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: FMP

Financial Overview

Market Cap

642.4M

Price

$17.53

Sector

Financial Services

Industry

Insurance - Property & Casualty

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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ABA+

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IPCXA+

Inflection Point Acquisition Corp. III

$10.31

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AXINA+

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$10.42

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Free · No credit card required

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Frequently Asked Questions

Is Donegal Group Inc. (DGICA) halal to invest in?

Donegal Group Inc. (DGICA) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Donegal Group Inc. get a F compliance rating?

Donegal Group Inc. (DGICA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.4% (limit 30%); interest-bearing deposits of 8.2% (limit 30%); prohibited income of 4.36% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Donegal Group Inc.'s Shariah verdict?

Donegal Group Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Donegal Group Inc. re-screened for Shariah compliance?

Donegal Group Inc. (DGICA) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.