What is MBIA Inc.'s Shariah compliance score?

MBIA Inc.'s (MBI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does MBIA Inc. pass AAOIFI screening?

MBIA Inc. (MBI) 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% (MBI: 843.5%), (3) interest-bearing deposits below 30% (MBI: 26.8%), and (4) prohibited income below 5% (MBI: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for MBIA Inc. stock?

MBIA Inc. (MBI) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MBI 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 MBIA Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for MBIA Inc. (MBI) 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 MBI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MBI: Is MBIA Inc. Halal?

MBIA Inc.

NYSEFinancial ServicesUS

$6.38

-0.47%

Market Cap: 325.0M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is MBIA Inc. (MBI) halal? Not Halal. Based on AAOIFI screening, MBIA 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

Over the limit

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

843.5% of 30.0% limit

What this means for you

Most scholars advise not holding MBI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About MBIA Inc.

MBIA Inc. focuses on providing insurance services that guarantee financial obligations, predominantly within the public finance arena. The company operates through two main divisions: one dedicated to U.S. Public Finance Insurance, and another covering International and Structured Finance Insurance. For its U.S. operations, MBIA offers guarantees for municipal bonds, encompassing both tax-exempt and taxable debt. These instruments are issued by various U.S. governmental bodies and territories, as well as by entities such as public utilities, airports, healthcare providers, higher education institutions, student loan programs, and housing authorities. Furthermore, the company extends coverage to certain private sector obligations. In the international and structured finance sector, MBIA insures non-U.S. public finance instruments and global structured financial products, including asset-backed securities. This segment also provides coverage for sovereign and sub-sovereign bonds, alongside privately issued bonds that finance substantial infrastructure projects such as toll roads, bridges, airports, and public transportation networks. Additionally, MBIA offers reinsurance services to other parties. MBIA Inc. was founded in 1973 and maintains its principal office in Purchase, New York.

Sector: Financial Services · Industry: Insurance - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Failed

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

Prohibited industry: Insurance - Specialty

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:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+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%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

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Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is MBIA Inc. (MBI) halal to invest in?

MBIA Inc. (MBI) 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 MBIA Inc. get a F compliance rating?

MBIA Inc. (MBI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 843.5% (limit 30%); interest-bearing deposits of 26.8% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change MBIA Inc.'s Shariah verdict?

MBIA 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 MBIA Inc. re-screened for Shariah compliance?

MBIA Inc. (MBI) 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 18, 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.