Is Selective Insurance Group, Inc. SIGI stock halal to invest in?

No, as of February 2026, Selective Insurance Group, Inc. stock (SIGI) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. Selective Insurance Group, Inc. has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for Selective Insurance Group, Inc. and alternative halal stock options within the Tabadulat app.

How often is Selective Insurance Group, Inc. SIGI reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Selective Insurance Group, Inc. SIGI monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Selective Insurance Group, Inc. SIGI pass the AAOIFI Non Permissible Income criteria?

No, as of February 2026, Selective Insurance Group, Inc. stock (SIGI) does not pass the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

Does Selective Insurance Group, Inc. SIGI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Selective Insurance Group, Inc. stock (SIGI) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of February 2026, Selective Insurance Group, Inc. stock (SIGI) passes the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt is below the acceptable threshold set by AAOIFI.

English

العربية

Be the First to Know!

Join our waitlist for exclusive early access to Tabadulat’s Shariah-compliant trading platform. Get notified as soon as we go live and start investing with confidence.

Selective Insurance Group, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

SIGI

About

Selective Insurance Group, Inc.

SIGI

Selective Insurance Group Inc. is a prominent regional insurance holding company that provides a wide array of insurance products and services. Its primary objective is to deliver both personal and commercial insurance solutions, catering to consumers and businesses alike. Selective Insurance offers various lines of insurance, including property, casualty, and excess and surplus coverage, ensuring comprehensive risk management solutions. Headquartered in Branchville, New Jersey, this company serves a significant role within the insurance sector by providing tailored insurance options that meet the diverse needs of its clients. Through its network of independent agents, Selective Insurance capitalizes on deep-rooted relationships and local expertise to effectively address client requirements. The company emphasizes a customer-first approach, ensuring prompt and effective service, which has solidified its reputation within the competitive insurance landscape. By combining innovation with traditional insurance practices, Selective Insurance Group Inc. continues to sustain its influence in the industry, ensuring robust operational efficiency and financial stability.

Sector:

Financial Services

Industry:

Insurance - Property & Casualty

Employees:

2800

Website:

https://www.selective.com

SIGI

Frequently asked questions

Related stocks

Mobile login screen for Tabadulat with fields to enter email, a Continue button, an option to create an account, and a language selector showing EN.

Step 1

Sign Up.

Begin by creating your Tabadulat account. Simply enter your details and complete the verification process. You’ll be up and running in no time.

Mobile screen showing add money interface with 100 AED amount and Manual Bank Transfer payment method selected, noting 1-2 business days processing.

Step 2

Deposit.

Add funds to your account using a secure payment method. You can deposit in multiple currencies to get started.

Step 3

Screen.

Screen Stocks for Free and explore a wide range of stocks that are ethically screened for Shariah compliance. Use our Halal Stock Screener to find the best opportunities.

Step 4

Trade.

Once you’ve chosen the right stocks, simply place your trades. Our platform offers real-time market data and seamless execution.

Mobile screen showing investment portfolio with $100,000 total value, $48,000 invested, and a $2,000 return (4.50%) with a line graph and options for 1W, 1M, 3M, YTD, 1Y, Max, plus Trade and Deposit buttons.

Step 5

Track.

Track your Portfolio and monitor your investments with our easy-to-use dashboard. View your portfolio performance, manage assets, and make adjustments as needed.

Step 6

Withdraw.

When you're ready, withdraw your funds quickly and securely to your bank account.

Selective Insurance Group, Inc.

About

Selective Insurance Group, Inc.

SIGI

Frequently asked questions

Is Selective Insurance Group, Inc. SIGI stock halal to invest in?

How often is Selective Insurance Group, Inc. SIGI reviewed for Shariah compliance?

Does Selective Insurance Group, Inc. SIGI pass the AAOIFI Non Permissible Income criteria?

Does Selective Insurance Group, Inc. SIGI pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

How do I buy Selective Insurance Group, Inc. SIGI stock?

Sign Up.

Deposit.

Screen.

Trade.

Track.

Withdraw.