Is Ategrity Specialty Insurance Co Holdings (ASIC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 23.3% | |
| Operating Margin | 26.9% | |
| Net Margin | 17.4% | |
| Return on Equity (ROE) | 15.0% | |
| Return on Assets (ROA) | 4.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $147M |
| Free Cash Flow | $147M |
| Debt-to-Equity | 0.3 |
| Current Ratio | 1.6 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $19.25 |
| 50-Day MA | $19.40 |
| 200-Day MA | $19.96 |
| Avg Volume | 117K |
|
52-Week Range
$16.35
| |
About Ategrity Specialty Insurance Co Holdings (ASIC)
Ategrity Specialty Insurance Company Holdings, through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States. The company offers property and casualty insurance solutions, including general liability, commercial property, management liability, miscellaneous PL, allied healthcare, and architects' and engineers' insurance products to the retail, real estate, hospitality, and construction sectors. It markets and distributes its products through brokerage and small business channels. The company was formerly known as Ategrity Specialty Holdings LLC and changed its name to Ategrity Specialty Insurance Company Holdings in June 2025. The company was incorporated in 2017 and is based in New York, New York. Ategrity Specialty Insurance Company Holdings is a subsidiary of Zimmer Financial Services Group LLC.
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Frequently Asked Questions
Is Ategrity Specialty Insurance Co Holdings (ASIC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ategrity Specialty Insurance Co 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 Ategrity Specialty Insurance Co Holdings's debt ratio?
Ategrity Specialty Insurance Co 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 Ategrity Specialty Insurance Co Holdings's key financial metrics?
Ategrity Specialty Insurance Co Holdings has a market capitalization of $914M, trailing P/E ratio of 12.0, and revenue of $424M. The company maintains a gross margin of 23.3% and a net margin of 17.4%. Return on equity stands at 15.0%.
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.