Is Accelerant Holdings (ARX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance Brokers | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 66.8% | |
| Operating Margin | 7.8% | |
| Net Margin | -166.4% | |
| Return on Equity (ROE) | -245.6% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $786M |
| Free Cash Flow | $751M |
| Total Debt | $121M |
| Debt-to-Equity | 16.7 |
| Current Ratio | 10.7 |
| Total Assets | $6.1B |
Price & Trading
| Last Close | $13.23 |
| 50-Day MA | $12.08 |
| 200-Day MA | $16.20 |
| Avg Volume | 1.1M |
|
52-Week Range
$9.18
| |
About Accelerant Holdings (ARX)
Accelerant Holdings, together with its subsidiaries, operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The company operates through Exchange Services, MGA Operations, and Underwriting segments. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance and reinsurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, Australia, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, Cayman Islands.
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Frequently Asked Questions
Is Accelerant Holdings (ARX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Accelerant Holdings is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Accelerant Holdings's debt ratio?
Accelerant Holdings's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Accelerant Holdings's key financial metrics?
Accelerant Holdings has a market capitalization of $2.9B, and revenue of $585M. The company maintains a gross margin of 66.8% and a net margin of -166.4%. Return on equity stands at -245.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.