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Shariah compliance overview

Not Halal

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

About Selective Insurance Group, Inc.

Selective Insurance Group, Inc. (SIGI) is a U.S.-based company that delivers a wide array of insurance products and services.

Selective Insurance Group, Inc. (SIGI) 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
89.34%Limit 5%Fail
Interest-bearing debt
16.63%Limit 30%Pass
Interest-bearing securities and assets
0.33%Limit 30%Pass
Dividend purification
44.67%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 Selective Insurance Group, Inc. (SIGI). Current Akinda screening label: Not Halal.