Accelerant Holdings

ARX: Is Accelerant Holdings Halal?

Accelerant Holdings

NYSEFinancial ServicesUS

$15.64

-1.45%

Market Cap: 3.4B

Compliance Status

Not Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Accelerant Holdings (ARX) halal? Not Halal. Based on AAOIFI screening, Accelerant Holdings has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

4.4% of 30.0% limit

What this means for you

Most scholars advise not holding ARX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Accelerant Holdings

Accelerant Holdings, together with its subsidiaries, operate a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, the Cayman Islands.

Sector: Financial Services · Industry: Insurance - Brokers

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited industry: Insurance - Property & Casualty

Compliance History

  1. Not Halalnow

    since Apr 2026

  2. Doubtful

    before we began tracking

Tracked since Apr 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Financial Services

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Frequently Asked Questions

Is Accelerant Holdings (ARX) halal to invest in?
Accelerant Holdings (ARX) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Accelerant Holdings get a F compliance rating?
Accelerant Holdings (ARX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.4% (limit 30%); interest-bearing deposits of 44.9% (limit 30%); prohibited income of 11.10% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Accelerant Holdings's Shariah verdict?
Accelerant Holdings's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Accelerant Holdings re-screened for Shariah compliance?
Accelerant Holdings (ARX) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 13, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.