Is Palomar Holdings, Inc. (PLMR) 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 | 31.4% | |
| Operating Margin | 28.7% | |
| Net Margin | 22.5% | |
| Return on Equity (ROE) | 23.6% | |
| Return on Assets (ROA) | 6.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $409M |
| Free Cash Flow | $402M |
| Debt-to-Equity | 0.8 |
| Current Ratio | 0.5 |
| Total Assets | $3.1B |
Price & Trading
| Last Close | $121.29 |
| 50-Day MA | $123.98 |
| 200-Day MA | $126.73 |
| Avg Volume | 254K |
| Beta | 0.5 |
|
52-Week Range
$107.75
| |
About Palomar Holdings, Inc. (PLMR)
Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.
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Frequently Asked Questions
Is Palomar Holdings, Inc. (PLMR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Palomar Holdings, 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 Palomar Holdings, Inc.'s debt ratio?
Palomar Holdings, 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 Palomar Holdings, Inc.'s key financial metrics?
Palomar Holdings, Inc. has a market capitalization of $3.1B, trailing P/E ratio of 16.3, and revenue of $876M. The company maintains a gross margin of 31.4% and a net margin of 22.5%. Return on equity stands at 23.6%.
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.