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Shariah compliance overview

Not Halal

HCI Group, Inc. (HCI) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About HCI Group, Inc.

Headquartered in Tampa, Florida, HCI Group, Inc., originally established in 2006 as Homeowners Choice, Inc. before its name change in May 2013, is a diversified holding company.

HCI Group, Inc. (HCI) operates in the Financial Services sector, in the Insurance - Property & Casualty industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing securities and assets.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
4.83%Limit 30%Pass
Interest-bearing securities and assets
88.40%Limit 30%Fail
Dividend purification
50.00%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 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 HCI Group, Inc. (HCI). Current Akinda screening label: Not Halal.