Fidelis Insurance Holdings Limited

FIHL: Is Fidelis Insurance Holdings Limited Halal?

Fidelis Insurance Holdings Limited

NYSEFinancial ServicesBM

$23.06

-0.82%

Market Cap: 2.4B

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Fidelis Insurance Holdings Limited (FIHL) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/FIHL

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%.

34.4% of 30.0% limit

What this means for you

Most scholars advise not holding FIHL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Fidelis Insurance Holdings Limited

Fidelis Insurance Holdings Limited, operating alongside its subsidiaries, delivers insurance and reinsurance solutions across Bermuda, Ireland, and the United Kingdom. Its operations are structured into three distinct divisions: Specialty, Reinsurance, and Bespoke. The Specialty division provides coverage for various risks including aviation and aerospace, energy, marine, direct and facultative property, and other specialized areas. Within the Reinsurance division, the company offers property, retrocession, and comprehensive (whole account) reinsurance products. The Bespoke division is dedicated to crafting tailored risk solutions for clients, encompassing areas like credit and political risks, among other unique risk transfer opportunities. Beyond these core segments, Fidelis is also engaged in specialty treaty reinsurance, provides surety bonds and guarantees, and participates in upstream energy, energy liability, and broader marine ventures. Furthermore, their services extend to product recall and contamination coverage, alongside marketing support. Fidelis Insurance Holdings Limited was established in 2014 and maintains its principal office in Pembroke, Bermuda.

Sector: Financial Services · Industry: Insurance - Diversified

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Business Activity Screen

Failed

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

  • Prohibited industry: Insurance - Diversified

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: FY 2025Data source: FMP

Halal Alternatives in Financial Services

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Frequently Asked Questions

Is Fidelis Insurance Holdings Limited (FIHL) halal to invest in?
Fidelis Insurance Holdings Limited (FIHL) 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 Fidelis Insurance Holdings Limited get a F compliance rating?
Fidelis Insurance Holdings Limited (FIHL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 34.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Fidelis Insurance Holdings Limited's Shariah verdict?
Fidelis Insurance Holdings Limited'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 Fidelis Insurance Holdings Limited re-screened for Shariah compliance?
Fidelis Insurance Holdings Limited (FIHL) 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: Sep 2, 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.