Is BROWN & BROWN, INC. (BRO) Halal?

NYSE Financial Services United States $21.6B
✗ NOT HALAL
Confidence: 95/100
BROWN & BROWN, INC. (BRO) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance Brokers industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

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

P/E Ratio
20.1
Forward: 12.7
EPS
$3.16
Dividend Yield
99.0%
Payout: 19.5%
P/B Ratio
1.7
EV/EBITDA
14.4
EV: $28.5B
Revenue
$5.8B
Growth: 36.2%
Beta
0.8
Low volatility
Current Ratio
1.0

Profitability

Gross Margin 49.1%
Operating Margin 23.2%
Net Margin 18.3%
Return on Equity (ROE) 11.2%
Return on Assets (ROA) 4.2%

Cash Flow & Balance Sheet

Operating Cash Flow$1.4B
Free Cash Flow$1.4B
Total Debt$7.9B
Debt-to-Equity63.0
Current Ratio1.0
Total Assets$30.0B

Price & Trading

Last Close$65.14
50-Day MA$71.01
200-Day MA$86.27
Avg Volume3.2M
Beta0.8
52-Week Range
$63.29
$125.68

About BROWN & BROWN, INC. (BRO)

CEO
Mr. J. Powell Brown C.P.C.U.
Employees
22,888
Sector
Financial Services
Industry
Insurance Brokers
Country
United States
Exchange
NYSE
Market Cap
$21.6B
Currency
USD

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally. It operates through Retail and Specialty Distribution segments. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. This segment also offers non-insurance services and products through automobile and recreational vehicle dealer services businesses. It serves commercial, public and quasi-public entities, professional, and individual customers. The Specialty Distribution segment comprises wholesale brokerage and specialty businesses. This segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents; and program management services for insurance carrier partners. In addition, the company's wholesale brokerage businesses underwrite and place excess and surplus commercial and personal lines insurance through independent agents and brokers. Its programs businesses operate under the Arrowhead Programs' name. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.

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Frequently Asked Questions

Is BROWN & BROWN, INC. (BRO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BROWN & BROWN, INC. 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 BROWN & BROWN, INC.'s debt ratio?

BROWN & BROWN, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are BROWN & BROWN, INC.'s key financial metrics?

BROWN & BROWN, INC. has a market capitalization of $21.6B, trailing P/E ratio of 20.1, and revenue of $5.8B. The company maintains a gross margin of 49.1% and a net margin of 18.3%. Return on equity stands at 11.2%.

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.