Is PROASSURANCE CORP (PRA) Halal?

NYSE Financial Services United States $1.3B
✗ NOT HALAL
Confidence: 95/100
PROASSURANCE CORP (PRA) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Property & Casualty 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 - 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

P/E Ratio
24.8
Forward: 21.9
EPS
$0.99
P/B Ratio
0.9
EV/EBITDA
9.2
EV: $1.3B
Revenue
$1.1B
Growth: -4.1%
Beta
0.0
Low volatility
Current Ratio
2.5

Profitability

Gross Margin 28.2%
Operating Margin 20.3%
Net Margin 4.6%
Return on Equity (ROE) 4.0%
Return on Assets (ROA) 1.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$26M
Free Cash Flow-$29M
Total Debt$435M
Debt-to-Equity32.2
Current Ratio2.5
Total Assets$5.4B

Price & Trading

Last Close$24.72
50-Day MA$24.45
200-Day MA$23.99
Avg Volume571K
Beta0.0
52-Week Range
$22.72
$24.85

About PROASSURANCE CORP (PRA)

CEO
Mr. Edward Lewis Rand Jr., CPA
Employees
972
Sector
Financial Services
Industry
Insurance - Property & Casualty
Country
United States
Exchange
NYSE
Market Cap
$1.3B
Currency
USD

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. It operates through three segments: Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Corporate. The company offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance and captive cell programs for healthcare professional liability insureds. It also provides workers' compensation insurance products, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. It markets its products through independent agencies and brokers, as well as an internal business development team. ProAssurance Corporation was founded in 1976 and is headquartered in Birmingham, Alabama.

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Frequently Asked Questions

Is PROASSURANCE CORP (PRA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PROASSURANCE 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 PROASSURANCE CORP's debt ratio?

PROASSURANCE 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 PROASSURANCE CORP's key financial metrics?

PROASSURANCE CORP has a market capitalization of $1.3B, trailing P/E ratio of 24.8, and revenue of $1.1B. The company maintains a gross margin of 28.2% and a net margin of 4.6%. Return on equity stands at 4.0%.

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.