Slide Insurance Holdings, Inc. Common Stock

SLDE: Is Slide Insurance Holdings, Inc. Common Stock Halal?

Slide Insurance Holdings, Inc. Common Stock

NASDAQFinancial ServicesUS

$20.50

-0.49%

Market Cap: 2.3B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Slide Insurance Holdings, Inc. Common Stock (SLDE) halal? Not Halal. Based on AAOIFI screening, Slide Insurance Holdings, Inc. Common Stock 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%.

1.4% of 30.0% limit

What this means for you

Most scholars advise not holding SLDE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Slide Insurance Holdings, Inc. Common Stock

Slide Insurance Holdings, Inc. operates as a parent organization. Through its affiliated companies, its main business is providing property and casualty insurance, particularly for residential properties such as detached homes and condominiums.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 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

  1. Not Halalnow

    since Apr 2026

  2. Halal

    before we began tracking

Tracked since Apr 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 Slide Insurance Holdings, Inc. Common Stock (SLDE) halal to invest in?
Slide Insurance Holdings, Inc. Common Stock (SLDE) 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 Slide Insurance Holdings, Inc. Common Stock get a F compliance rating?
Slide Insurance Holdings, Inc. Common Stock (SLDE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.4% (limit 30%); interest-bearing deposits of 51.1% (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 Slide Insurance Holdings, Inc. Common Stock's Shariah verdict?
Slide Insurance Holdings, Inc. Common Stock'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 Slide Insurance Holdings, Inc. Common Stock re-screened for Shariah compliance?
Slide Insurance Holdings, Inc. Common Stock (SLDE) 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 20, 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.