No. As of September 2026, Express Insurance LTD (EIL.DS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Express Insurance LTD does not pass Musaffa's business and financial screening criteria.
Express Insurance Ltd. engages in the business of carrying all kinds of insurance, guarantee, and indemnity business other than life insurance business. The principal activity of the Company is conducting non-life insurance business. The Company’s products and services include marine cargo insurance, marine hull insurance, fire insurance, motor insurance, engineering insurance, and miscellaneous insurance. Its marine cargo insurance covers transit by streamer, transit by rail/lorry/truck, transit by inland rail, transit by air cargo, and transit by inland cargo. Its fire insurance includes fire coverage (including allied perils) and all industrial risks (IAR). The motor insurance includes coverage for commercial vehicles, private vehicles, and motorcycles/scooters. The engineering insurance provides policies for machinery breakdown, boiler and pressure vessels, lift insurance, electronic equipment, and contractor's all-risk insurance. The miscellaneous insurance covers burglary and housebreaking insurance, personal accident policies, and product liability policies.
E
Express Insurance LTD EIL.DS
EIL.DS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Express Insurance LTD is classified as not halal.