Is The Hartford Insurance Group, Inc. HIG stock halal to invest in?

No, as of August 2026, The Hartford Insurance Group, Inc. stock (HIG) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. The Hartford Insurance Group, Inc. currently does not meet the threshold for the non-permissible income screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of The Hartford Insurance Group, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is The Hartford Insurance Group, Inc. HIG reviewed for Shariah compliance?

Tabadulat reviews The Hartford Insurance Group, Inc. HIG for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for The Hartford Insurance Group, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, The Hartford Insurance Group, Inc. stock (HIG) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. The Hartford Insurance Group, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, The Hartford Insurance Group, Inc. stock (HIG) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). The Hartford Insurance Group, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, The Hartford Insurance Group, Inc. stock (HIG) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. The Hartford Insurance Group, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for The Hartford Insurance Group, Inc. HIG stock?

The Hartford Insurance Group, Inc. (HIG) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If The Hartford Insurance Group, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Preference Share screen?

Yes, as of August 2026, The Hartford Insurance Group, Inc. stock (HIG) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. The Hartford Insurance Group, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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The Hartford Insurance Group, Inc.

NYSE

Shariah-Compliant

Not Shariah

HIG

About

The Hartford Insurance Group, Inc.

HIG

The Hartford Insurance Group, Inc. is a diversified insurance and financial services company headquartered in Hartford, Connecticut. As one of the largest property and casualty insurers in the United States, the company provides a broad spectrum of insurance offerings—including property and casualty coverage, group benefits, and mutual funds—to individual and business clients across the U.S., the U.K., and internationally. The Hartford’s operations are noted for emphasizing multi-channel distribution, partnering closely with networks of agents and brokers. Its portfolio is integral to a wide range of sectors, supporting personal lines such as automobile and homeowners insurance, as well as commercial lines for businesses of varying sizes. The Hartford has also maintained a long-standing relationship as the exclusive provider of certain insurance products to AARP members. Over its extensive history, the company has implemented strategic acquisitions and divestitures, sharpening its focus on core insurance operations. As a Fortune 500 institution, The Hartford Insurance Group, Inc. plays a significant role in risk management, financial planning, and economic stability within both the insurance sector and the broader financial market.

Sector:

Financial Services

Industry:

Insurance - Diversified

Employees:

19100

Website:

https://www.thehartford.com

HIG

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The Hartford Insurance Group, Inc.

About

The Hartford Insurance Group, Inc.

HIG

Frequently asked questions

Is The Hartford Insurance Group, Inc. HIG stock halal to invest in?

How often is The Hartford Insurance Group, Inc. HIG reviewed for Shariah compliance?

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Non Permissible Income criteria?

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Interest Bearing Investments criteria?

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for The Hartford Insurance Group, Inc. HIG stock?

Does The Hartford Insurance Group, Inc. HIG pass the AAOIFI Preference Share screen?

Can I buy The Hartford Insurance (HIG) stock on Tabadulat?

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