Is Selective Insurance Group Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Selective Insurance Group Inc (SIGI) is currently classified as NOT HALAL as of April 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.

Is Selective Insurance Group Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Selective Insurance Group Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Selective Insurance Group Inc?

Muslim investors may consider investing in Selective Insurance 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.

Why is Selective Insurance Group Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Selective Insurance Group Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Selective Insurance Group Inc updated?

The Shariah compliance status of Selective Insurance Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Selective Insurance Group Inc become non-compliant?

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.

Where can I check the Shariah status of Selective Insurance Group Inc?

You can check the latest Shariah compliance status of Selective Insurance Group Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SIGI Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 29, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Selective Insurance Group Inc (SIGI)

Based on 13 analysts giving stock ratings to Selective Insurance Group Inc in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Selective Insurance Group Inc. Stock Analysis SIGI

United States Financials Mid Cap Report: 2025 Annual

Selective Insurance Group, Inc. is an insurance holding company, which engages in the provision of property and casualty insurance products. The company is headquartered in Branchville, New Jersey and currently employs 2,800 full-time employees. The firm's segments include Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment includes property and casualty insurance products and services to commercial enterprises, typically businesses, non-profit organizations, and local government agencies. The Standard Personal Lines segment consists of property and casualty insurance products and services, including flood insurance coverage sold through the Write Your Own program of the National Flood Insurance Program. The E&S Lines segment consists of property and casualty insurance products and services to commercial customers unable to obtain coverage in the standard marketplace. The Investment segment invests insurance premiums and amounts generated through its capital management strategies.

Key Statistics of Selective Insurance Group Inc (SIGI)

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

Today's Range

$85.50$88.23

Today's Open

$85.97

Volume

643.36K

P/E Ratio (TTM)

10.54

52 Week Range

$71.75$91.63

Market Cap

4.92B

Avg. Volume

561.60K

Dividend Yield

2.08%

Financial Metrics & Statements of Selective Insurance Group Inc (SIGI)

FAQ's for Selective Insurance Group Inc (SIGI)

According to Musaffa’s Shariah screening methodology, Selective Insurance Group Inc (SIGI) is currently classified as NOT HALAL as of April 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.