Is Slide Insurance Holdings, Inc. (SLDE) Halal?

NASDAQ Financial Services United States $2.2B
✗ NOT HALAL
Confidence: 95/100
Slide Insurance Holdings, Inc. (SLDE) 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
5.2
Forward: 5.2
EPS
$3.36
P/B Ratio
2.0
EV/EBITDA
1.7
EV: $1.0B
Revenue
$1.2B
Growth: 45.5%
Current Ratio
1.7

Profitability

Gross Margin 67.6%
Operating Margin 64.2%
Net Margin 38.4%
Return on Equity (ROE) 57.4%
Return on Assets (ROA) 15.3%

Cash Flow & Balance Sheet

Operating Cash Flow$797M
Free Cash Flow$795M
Total Debt$43M
Debt-to-Equity3.9
Current Ratio1.7
Total Assets$2.9B

Price & Trading

Last Close$18.03
50-Day MA$17.39
200-Day MA$17.03
Avg Volume1.6M
52-Week Range
$12.53
$25.90

About Slide Insurance Holdings, Inc. (SLDE)

CEO
Mr. Bruce Thomas Lucas J.D.
Employees
504
Sector
Financial Services
Industry
Insurance - Property & Casualty
Country
United States
Exchange
NASDAQ
Market Cap
$2.2B
Currency
USD

Slide Insurance Holdings, Inc. offers property and casualty insurance services in the United States. It writes coastal specialty personal lines insurance, including homeowners, condominium unit owners, commercial residential, and other products, as well as offers reinsurance and insurance agency services. The company was incorporated in 2021 and is headquartered in Tampa, Florida.

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Frequently Asked Questions

Is Slide Insurance Holdings, Inc. (SLDE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Slide Insurance 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 Slide Insurance Holdings, Inc.'s debt ratio?

Slide Insurance 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 Slide Insurance Holdings, Inc.'s key financial metrics?

Slide Insurance Holdings, Inc. has a market capitalization of $2.2B, trailing P/E ratio of 5.2, and revenue of $1.2B. The company maintains a gross margin of 67.6% and a net margin of 38.4%. Return on equity stands at 57.4%.

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.