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Shariah compliance overview

Not Halal

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

About Hagerty, Inc.

Hagerty, Inc. operates globally, serving as an insurance agency that specializes in policies for automobiles and boats, in addition to offering reinsurance products.

Hagerty, Inc. (HGTY) 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.

Business Activity
41.94%Limit 5%Fail
Interest-bearing debt
18.70%Limit 30%Pass
Interest-bearing securities and assets
29.92%Limit 30%Pass
Dividend purification
22.28%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 Hagerty, Inc. (HGTY). Current Akinda screening label: Not Halal.