Is TWFG, Inc. (TWFG) Halal?

NASDAQ Financial Services United States $263M
✗ NOT HALAL
Confidence: 95/100
TWFG, Inc. (TWFG) is Not Halal under AAOIFI Standard 21 due to its classification in the Insurance Brokers 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 Brokers ✗ NOT HALAL
DJIM Excluded — Insurance Brokers ✗ NOT HALAL
MSCI Excluded — Insurance Brokers ✗ NOT HALAL
S&P Excluded — Insurance Brokers ✗ NOT HALAL
FTSE Excluded — Insurance Brokers ✗ NOT HALAL

Financial Highlights

P/E Ratio
33.1
Forward: 16.6
EPS
$0.53
P/B Ratio
3.2
EV/EBITDA
6.5
EV: $356M
Revenue
$234M
Growth: 35.8%
Current Ratio
5.1

Profitability

Gross Margin 84.9%
Operating Margin 21.1%
Net Margin 3.2%
Return on Equity (ROE) 13.9%
Return on Assets (ROA) 6.6%

Cash Flow & Balance Sheet

Operating Cash Flow$54M
Free Cash Flow-$9M
Total Debt$8M
Debt-to-Equity4.9
Current Ratio5.1
Total Assets$372M

Price & Trading

Last Close$18.32
50-Day MA$21.29
200-Day MA$26.79
Avg Volume195K
52-Week Range
$16.56
$36.85

About TWFG, Inc. (TWFG)

CEO
Mr. Richard Finley Bunch III
Employees
400
Sector
Financial Services
Industry
Insurance Brokers
Country
United States
Exchange
NASDAQ
Market Cap
$263M
Currency
USD

TWFG, Inc. operates an independent distribution platform for personal and commercial insurance products in the United States. It offers auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers' compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits. The company was founded in 2001 and is based in The Woodlands, Texas.

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Frequently Asked Questions

Is TWFG, Inc. (TWFG) halal to invest in?

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

TWFG, 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 TWFG, Inc.'s key financial metrics?

TWFG, Inc. has a market capitalization of $263M, trailing P/E ratio of 33.1, and revenue of $234M. The company maintains a gross margin of 84.9% and a net margin of 3.2%. 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.