Is International General Insurance (IGIC) halal? Halal. Based on AAOIFI screening, International General Insurance passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).
IGIC — Is International General Insurance Halal?
HalalInternational General Insurance
$24.95
-0.95%
Shariah Compliance Status
Based on AAOIFI screening standards
Very Good
Strong compliance across all metrics
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
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Financial Overview
Market Cap
-
Price
$24.95
Sector
Financial Services
Industry
Insurance—Diversified
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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.