Global Indemnity Group, LLC

GBLI: Is Global Indemnity Group, LLC Halal?

Global Indemnity Group, LLC

NASDAQFinancial ServicesUS

$25.03

+0.00%

Market Cap: 358.3M

Compliance Status

Not Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Global Indemnity Group, LLC (GBLI) halal? Not Halal. Based on AAOIFI screening, Global Indemnity Group, LLC 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%.

2.2% of 30.0% limit

What this means for you

Most scholars advise not holding GBLI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Global Indemnity Group, LLC

Global Indemnity Group, LLC, an international entity, provides specialized property and casualty insurance as well as reinsurance services through its subsidiary companies. The organization's operations are divided across three primary business areas: Commercial Specialty, Farm, Ranch, & Stable, and Reinsurance Operations. The Commercial Specialty division distributes various coverages, including property, general liability, casualty, and professional lines products. These offerings reach clients through a network of wholesale general agents and program administrators. The Farm, Ranch, & Stable segment caters to the agricultural sector, supplying commercial farm auto and excess/umbrella insurance. It also offers specialized, admitted insurance products for equine mortality and major medical issues within the horse industry. Distribution for this segment occurs via wholesalers and retail agents. Finally, the Reinsurance Operations segment focuses on delivering third-party treaty reinsurance for casualty insurers and other reinsurance companies. Additionally, it provides professional liability products to corporations, with sales primarily conducted through brokers. Established in 2003, Global Indemnity Group, LLC's corporate headquarters are situated in Bala Cynwyd, Pennsylvania.

Sector: Financial Services · Industry: Insurance - Property & Casualty

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

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: Q1 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 Global Indemnity Group, LLC (GBLI) halal to invest in?
Global Indemnity Group, LLC (GBLI) 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 Global Indemnity Group, LLC get a F compliance rating?
Global Indemnity Group, LLC (GBLI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.2% (limit 30%); interest-bearing deposits of 17.5% (limit 30%); prohibited income of 14.06% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Global Indemnity Group, LLC's Shariah verdict?
Global Indemnity Group, LLC'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 Global Indemnity Group, LLC re-screened for Shariah compliance?
Global Indemnity Group, LLC (GBLI) 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.