Is SELECTIVE INSURANCE GROUP INC (SIGIP) 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 | 22.0% | |
| Operating Margin | 15.3% | |
| Net Margin | 8.7% | |
| Return on Equity (ROE) | 13.9% | |
| Return on Assets (ROA) | 2.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.2B |
| Free Cash Flow | $1.2B |
| Total Debt | $902M |
| Debt-to-Equity | 27.9 |
| Current Ratio | 0.3 |
| Total Assets | $15.2B |
Price & Trading
| Last Close | $16.25 |
| 50-Day MA | $16.92 |
| 200-Day MA | $17.28 |
| Avg Volume | 6K |
| Beta | 0.2 |
|
52-Week Range
$16.17
| |
About SELECTIVE INSURANCE GROUP INC (SIGIP)
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of third-party bodily injury and/or property damage from an insured's negligent acts, omissions, and legal liabilities; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
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Frequently Asked Questions
Is SELECTIVE INSURANCE GROUP INC (SIGIP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SELECTIVE 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 SELECTIVE INSURANCE GROUP INC's debt ratio?
SELECTIVE 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 SELECTIVE INSURANCE GROUP INC's key financial metrics?
SELECTIVE INSURANCE GROUP INC has a market capitalization of N/A, trailing P/E ratio of 2.9, and revenue of $5.3B. The company maintains a gross margin of 22.0% and a net margin of 8.7%. Return on equity stands at 13.9%.
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.