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NODK Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 02, 2026

Report Source: 2026 1st Quarter Report

NI Holdings Inc

NI Holdings Inc. Stock Analysis NODK

United States Financials Small Cap Report:
NI Holdings, Inc. engages in the provision of insurance products and services through its subsidiaries. The company is headquartered in Fargo, North Dakota and currently employs 166 full-time employees. The company went IPO on 2017-03-16. The firm is the stock holding company of Nodak Insurance Company (Nodak Insurance). Nodak Insurance is a domestic property and casualty insurance company based in North Dakota, offering private passenger auto, homeowners, farmowners, commercial multi-peril, crop hail, and Federal multi-peril crop insurance coverage through its captive agents in the state. Its segments include Private Passenger Auto, Non-Standard Auto, Home and Farm, Crop, and All Other. The Private Passenger Auto segment writes private passenger auto insurance to provide protection against liability for bodily injury and property damage arising from automobile accidents as well as protection against loss from damage to automobiles owned by the insured. The Non-Standard Auto segment writes non-standard auto insurance. The Home and Farm insurance segment writes homeowners and farmowners policies. Crop segment offers crop hail and multi-peril crop insurance policies.
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NI Holdings Inc (NODK) Chart

Key Statistics of NI Holdings Inc (NODK)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$15.47$16.06

Today's Open

$15.82

Volume

18.61K

P/E Ratio (TTM)

-

52 Week Range

$12.22$16.00

Market Cap

286.54M

Avg. Volume

24.05K

Dividend Yield

-

Financial Metrics & Statements of NI Holdings Inc (NODK)

FAQ's for NI Holdings Inc (NODK)

  • According to Musaffa’s Shariah screening methodology, NI Holdings Inc (NODK) is currently classified as NOT HALAL as of June 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes NI Holdings Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in NI Holdings Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of NI Holdings Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of NI Holdings Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of NI Holdings Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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