Is TIPTREE INC. (TIPT) Halal?

NASDAQ Financial Services United States $631M
✗ NOT HALAL
Confidence: 95/100
TIPTREE INC. (TIPT) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance - Specialty 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 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Insurance - Specialty ✗ NOT HALAL
DJIM Excluded — Insurance - Specialty ✗ NOT HALAL
MSCI Excluded — Insurance - Specialty ✗ NOT HALAL
S&P Excluded — Insurance - Specialty ✗ NOT HALAL
FTSE Excluded — Insurance - Specialty ✗ NOT HALAL

Financial Highlights

EPS
$-1.04
Dividend Yield
144.0%
Payout: 20.9%
P/B Ratio
1.2
EV/EBITDA
-19.3
EV: $905M
Revenue
$2.0B
Beta
1.0
Average volatility
Current Ratio
1.9

Profitability

Gross Margin 0.0%
Operating Margin 902.4%
Net Margin 0.0%
Return on Equity (ROE) -5.5%
Return on Assets (ROA) -0.5%

Cash Flow & Balance Sheet

Operating Cash Flow$241M
Free Cash Flow$237M
Total Debt$429M
Debt-to-Equity11.0
Current Ratio1.9
Total Assets$5.7B

Price & Trading

Last Close$16.77
50-Day MA$17.00
200-Day MA$19.52
Avg Volume223K
Beta1.0
52-Week Range
$15.49
$27.41

About TIPTREE INC. (TIPT)

CEO
Mr. Michael Gene Barnes
Employees
27
Sector
Financial Services
Industry
Insurance - Specialty
Country
United States
Exchange
NASDAQ
Market Cap
$631M
Currency
USD

Tiptree Inc. does not have significant operations. Previously, it was engaged in the provision of specialty insurance products. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in Greenwich, Connecticut.

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Frequently Asked Questions

Is TIPTREE INC. (TIPT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TIPTREE 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 TIPTREE INC.'s debt ratio?

TIPTREE 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 TIPTREE INC.'s key financial metrics?

TIPTREE INC. has a market capitalization of $631M, and revenue of $2.0B. Return on equity stands at -5.5%.

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.