Shariah compliance overview
Not HalalAtlantic American Corporation (AAME) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Atlantic American Corporation
Atlantic American Corporation (AAME) is an insurance holding company that, through its subsidiaries, delivers a diverse range of life, health, and property & casualty insurance offerings throughout the United States. Its operations are segmented into American Southern and Bankers Fidelity.
Atlantic American Corporation (AAME) operates in the Financial Services sector, in the Insurance - Life industry.
Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing securities and assets.
- Business Activity
- 52.88%Limit 5%Fail
- Interest-bearing debt
- 0.00%Limit 30%Pass
- Interest-bearing securities and assets
- 98.88%Limit 30%Fail
- Dividend purification
- 26.56%Share of dividends to give to charityPurification calculator
Last updated: Oct 23, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Company Profile
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Frequently asked questions
Quick answers about Atlantic American Corporation (AAME). Current Akinda screening label: Not Halal.
