Is Skyward Specialty Insurance Group, Inc. (SKWD) 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 | 30.1% | |
| Operating Margin | 17.6% | |
| Net Margin | 12.0% | |
| Return on Equity (ROE) | 18.9% | |
| Return on Assets (ROA) | 3.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $408M |
| Free Cash Flow | $401M |
| Total Debt | $120M |
| Debt-to-Equity | 11.9 |
| Current Ratio | 1.9 |
| Total Assets | $4.8B |
Price & Trading
| Last Close | $43.26 |
| 50-Day MA | $45.20 |
| 200-Day MA | $48.58 |
| Avg Volume | 515K |
| Beta | 0.5 |
|
52-Week Range
$40.60
| |
About Skyward Specialty Insurance Group, Inc. (SKWD)
Skyward Specialty Insurance Group, Inc., an insurance holding company, provides commercial property and casualty insurance coverages in the United States. It offers general liability, excess liability, and professional liability, as well as cyber and media liability insurance; commercial auto, group accident and health, property, agriculture, credit, and surety and workers' compensation; and property, agriculture, and credit specialty reinsurance. The company was formerly known as Houston International Insurance Group, Ltd. and changed its name to Skyward Specialty Insurance Group, Inc. in November 2020. Skyward Specialty Insurance Group, Inc. was incorporated in 2006 and is based in Houston, Texas.
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Frequently Asked Questions
Is Skyward Specialty Insurance Group, Inc. (SKWD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Skyward Specialty 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 Skyward Specialty Insurance Group, Inc.'s debt ratio?
Skyward Specialty 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 Skyward Specialty Insurance Group, Inc.'s key financial metrics?
Skyward Specialty Insurance Group, Inc. has a market capitalization of $1.9B, trailing P/E ratio of 10.4, and revenue of $1.4B. The company maintains a gross margin of 30.1% and a net margin of 12.0%. Return on equity stands at 18.9%.
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.