As of August 2026, Reliance Global Group Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Reliance Global Group Inc. Stock Analysis RELI
United States Financials Nano Cap
Reliance Global Group, Inc. is a diversified company, which engages in the business of insurance market and other relates sectors. The company is headquartered in Lakewood, New Jersey and currently employs 64 full-time employees. The company went IPO on 2014-11-25. The company focuses on growing by pursuing acquisition strategies and focused on wholesale and retail insurance agencies. Its business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies with an entire suite of business development tools. Its business-to-consumer platform, 5minuteinsure.com (5MI), utilizes artificial intelligence and data mining to provide online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. The company has added Ethereum to its financial holdings. The company focuses on identifying specific risk to reward arbitrage opportunities and developing these on a national platform, and identifying and acquiring undervalued wholesale and retail insurance agencies with operations in growing or underserved segments. The company owns Solana, the native token of the Solana blockchain.
Reliance Global Group Inc (RELI) Chart
Financial Metrics & Statements of Reliance Global Group Inc (RELI)
FAQ's for Reliance Global Group Inc (RELI)
As of August 2026, Reliance Global Group Inc RELI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Reliance Global Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Reliance Global Group 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 Reliance Global Group 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 Reliance Global Group 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 Reliance Global Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Reliance Global Group Inc (RELI)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.