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Shariah compliance overview

Not Halal

Neptune Insurance Holdings Inc. (NP) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Neptune Insurance Holdings Inc.

Neptune Insurance Holdings Inc. functions as a technology-driven managing general agent (MGA) specializing in flood insurance solutions.

Neptune Insurance Holdings Inc. (NP) operates in the Financial Services sector, in the Insurance - Brokers industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
6.45%Limit 30%Pass
Interest-bearing securities and assets
0.22%Limit 30%Pass
Dividend purification
50.29%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 Neptune Insurance Holdings Inc. (NP). Current Akinda screening label: Not Halal.