What is Goosehead Insurance, Inc's Shariah compliance score?

Goosehead Insurance, Inc's (GSHD) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Goosehead Insurance, Inc pass AAOIFI screening?

Goosehead Insurance, Inc (GSHD) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (GSHD: 17.3%), (3) interest-bearing deposits below 30% (GSHD: 1.7%), and (4) prohibited income below 5% (GSHD: 0.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Goosehead Insurance, Inc stock?

Goosehead Insurance, Inc (GSHD) has a non-permissible income ratio of 0.18%. Muslim investors should purify this percentage of any dividends received and capital gains realized from GSHD shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Goosehead Insurance, Inc for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Goosehead Insurance, Inc (GSHD) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about GSHD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GSHD: Is Goosehead Insurance, Inc Halal?

Goosehead Insurance, Inc

NASDAQFinancial ServicesUS

$46.87

+6.60%

Market Cap: 1.8B

Compliance Status

Not Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Within the limit

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

17.3% of 30.0% limit

What this means for you

Most scholars advise not holding GSHD

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Goosehead Insurance, Inc

Goosehead Insurance, Inc. functions as the parent entity for Goosehead Financial, LLC, an enterprise dedicated to delivering personal lines insurance brokerage services throughout the United States. Its operational framework is divided into two primary segments: a direct Corporate Channel and an expansive Franchise Channel. The firm offers a comprehensive suite of insurance products, encompassing coverage for homeowners, automobiles, and various dwelling properties. Their specialized policies include protection against floods, wind damage, and earthquakes, alongside excess liability (umbrella) coverage. Additionally, they provide policies for motorcycles, recreational vehicles, general liability, other property types, and life insurance. By December 31, 2021, the company's network boasted a total of 2,151 franchised locations. Established in 2003, Goosehead Insurance, Inc. maintains its corporate headquarters in Westlake, Texas.

Sector: Financial Services · Industry: Insurance - Diversified

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 - Diversified

Compliance History

Not Halalnow
since Apr 2026
Halal
before we began tracking

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

Fiscal: FY 2025Data source: FMP

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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SLVA+

iShares Silver Trust

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+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Goosehead Insurance, Inc (GSHD) halal to invest in?

Goosehead Insurance, Inc (GSHD) 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 Goosehead Insurance, Inc get a F compliance rating?

Goosehead Insurance, Inc (GSHD) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.3% (limit 30%); interest-bearing deposits of 1.7% (limit 30%); prohibited income of 0.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Goosehead Insurance, Inc's Shariah verdict?

Goosehead Insurance, Inc'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 Goosehead Insurance, Inc re-screened for Shariah compliance?

Goosehead Insurance, Inc (GSHD) 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.