Is MGIC INVESTMENT CORP (MTG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Specialty | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Specialty | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Specialty | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Specialty | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Specialty | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 95.1% | |
| Operating Margin | 74.2% | |
| Net Margin | 60.8% | |
| Return on Equity (ROE) | 14.3% | |
| Return on Assets (ROA) | 9.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $853M |
| Free Cash Flow | $852M |
| Total Debt | $646M |
| Debt-to-Equity | 12.6 |
| Current Ratio | 6.0 |
| Total Assets | $6.6B |
Price & Trading
| Last Close | $26.11 |
| 50-Day MA | $26.48 |
| 200-Day MA | $27.37 |
| Avg Volume | 2.2M |
| Beta | 0.8 |
|
52-Week Range
$21.94
| |
About MGIC INVESTMENT CORP (MTG)
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. It also provides contract underwriting services, as well as reinsurance services. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
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Frequently Asked Questions
Is MGIC INVESTMENT CORP (MTG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MGIC INVESTMENT CORP 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 MGIC INVESTMENT CORP's debt ratio?
MGIC INVESTMENT CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are MGIC INVESTMENT CORP's key financial metrics?
MGIC INVESTMENT CORP has a market capitalization of $5.6B, trailing P/E ratio of 8.2, and revenue of $1.2B. The company maintains a gross margin of 95.1% and a net margin of 60.8%. Return on equity stands at 14.3%.
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.