CRD-ANot HalalF
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Compliance Status

Not Halal

Screened on Oct 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Crawford & Company (CRD-A) halal? Not Halal. Based on AAOIFI screening, Crawford & Company has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Crawford & Company (CRD-A) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/CRD-A

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

45.4% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding CRD-A

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Crawford & Company

CRD-A: Is Crawford & Company Halal?

Crawford & Company

NYSEFinancial ServicesUS

$12.53

Market Cap: 596.3M

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About Crawford & Company

Crawford & Company operates as a global provider of claims and outsourcing services, catering to insurance carriers, brokers, and corporate clients across the United States, the United Kingdom, Europe, Canada, Australia, and various other international regions. Its Crawford Loss Adjusting division delivers claims handling services to insurance providers and self-insured entities, covering a range of risks including property damage, public liability, automotive incidents, and marine losses. The Crawford TPA Solutions segment specializes in comprehensive claims and risk management for corporations, whether they are self-insured or commercially insured. This includes remote claim adjudication, detailed claim evaluations, initial incident reporting for claimants, and strategies for loss mitigation and providing relevant risk information. Additionally, this division oversees dedicated funds for claim disbursements. Its third-party administration services also encompass specialized areas such as workers' compensation, auto and general liability, disability and absence management, medical management, and accident and health products. Furthermore, the company's Crawford Platform Solutions division facilitates insurance-related services through its proprietary channels, such as Contractor Connection and Networks. This segment is equipped to handle significant losses arising from both natural catastrophes (e.g., fires, hailstorms, hurricanes, earthquakes, floods) and man-made disasters (e.g., oil spills, chemical releases). It offers client-focused solutions for a wide spectrum of claim complexities, from routine, high-frequency incidents to extensive, intricate repair projects. The segment also provides outsourced contractor management to both individual and commercial insurance carriers, as well as directly to end consumers. Founded in 1941, Crawford & Company is headquartered in Atlanta, Georgia.

Sector: Financial Services · Industry: Insurance - Brokers

Why this does not pass

  • Business activity: the company earns from an activity AAOIFI treats as prohibited.
  • Interest-bearing debt is 45.4% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 17, 2026

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Business Activity Screen

Failed

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

  • Prohibited industry: Insurance - Brokers
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Crawford & Company (CRD-A) halal to invest in?
Crawford & Company (CRD-A) 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 Crawford & Company get a F compliance rating?
Crawford & Company (CRD-A) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 45.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Crawford & Company's Shariah verdict?
Crawford & Company'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 Crawford & Company re-screened for Shariah compliance?
Crawford & Company (CRD-A) 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: Oct 17, 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.