Is Baldwin Insurance Group, Inc. (BWIN) Halal?
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
Profitability
| Gross Margin | 30.2% | |
| Operating Margin | -2.6% | |
| Net Margin | -2.2% | |
| Return on Equity (ROE) | -5.2% | |
| Return on Assets (ROA) | 1.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$29M |
| Free Cash Flow | -$69M |
| Total Debt | $1.8B |
| Debt-to-Equity | 162.4 |
| Current Ratio | 1.2 |
| Total Assets | $3.9B |
Price & Trading
| Last Close | $21.68 |
| 50-Day MA | $20.93 |
| 200-Day MA | $28.29 |
| Avg Volume | 1.6M |
| Beta | 1.3 |
|
52-Week Range
$15.88
| |
About Baldwin Insurance Group, Inc. (BWIN)
The Baldwin Insurance Group, Inc. operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. The company operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. Its Insurance Advisory Solutions segment provides private risk management, commercial risk management, employee benefits, and Medicare insurance solutions for businesses and high-net-worth individuals, as well as their families. The Underwriting, Capacity & Technology Solutions segment offers MGA platform, that manufactures technology-enabled insurance product suite comprises personal, commercial, and professional lines. Its Mainstreet Insurance Solutions segment provides personal insurance, commercial insurance, and life and health solutions to individuals and businesses in communities, as well as offers reinsurance brokerage; and consultation for government assistance programs and solutions, including traditional Medicare and Medicare advantage and affordable care act to seniors and eligible individuals through a network of primarily independent contractor agents. The company was formerly known as BRP Group, Inc. and changed its name to The Baldwin Insurance Group, Inc. in May 2024. The Baldwin Insurance Group, Inc. was founded in 2011 and is headquartered in Tampa, Florida.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is Baldwin Insurance Group, Inc. (BWIN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Baldwin Insurance Group, 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 Baldwin Insurance Group, Inc.'s debt ratio?
Baldwin Insurance Group, 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 Baldwin Insurance Group, Inc.'s key financial metrics?
Baldwin Insurance Group, Inc. has a market capitalization of $2.0B, and revenue of $1.5B. The company maintains a gross margin of 30.2% and a net margin of -2.2%. Return on equity stands at -5.2%.
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.