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Shariah compliance overview

Not Halal

Atlantic 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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Frequently asked questions

Quick answers about Atlantic American Corporation (AAME). Current Akinda screening label: Not Halal.