Is DONEGAL GROUP INC (DGICB) 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 | 10.2% | |
| Operating Margin | 8.9% | |
| Net Margin | 8.1% | |
| Return on Equity (ROE) | 13.4% | |
| Return on Assets (ROA) | 2.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $70M |
| Free Cash Flow | $70M |
| Total Debt | $35M |
| Debt-to-Equity | 5.5 |
| Current Ratio | 0.5 |
| Total Assets | $2.4B |
Price & Trading
| Last Close | $17.50 |
| 50-Day MA | $16.36 |
| 200-Day MA | $16.19 |
| Avg Volume | 4K |
| Beta | 0.0 |
|
52-Week Range
$13.84
| |
About DONEGAL GROUP INC (DGICB)
Donegal Group Inc., an insurance holding company, provides commercial and personal lines of property and casualty coverages. It operates through three segments: Investment Function, Commercial Lines of Insurance, and Personal Lines of Insurance. The company offers protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured for commercial automobile; protection to businesses against perils combining liability and physical damage coverages; and benefits to employees for injuries sustained during employment. It provides protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured for private passenger automobile; and coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft. The company markets its insurance products primarily to Mid-Atlantic, Midwest, Southern, and Southwestern states through a network of independent insurance agents. The company was incorporated in 1986 and is based in Marietta, Pennsylvania. Donegal Group Inc. operates as a subsidiary of Donegal Mutual Insurance Company.
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Frequently Asked Questions
Is DONEGAL GROUP INC (DGICB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DONEGAL 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 DONEGAL GROUP INC's debt ratio?
DONEGAL 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 DONEGAL GROUP INC's key financial metrics?
DONEGAL GROUP INC has a market capitalization of $675M, trailing P/E ratio of 8.0, and revenue of $978M. The company maintains a gross margin of 10.2% and a net margin of 8.1%. Return on equity stands at 13.4%.
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.