SiriusPoint Ltd.

SPNT: Is SiriusPoint Ltd. Halal?

SiriusPoint Ltd.

NYSEFinancial ServicesBM

$24.65

+1.02%

Market Cap: 2.9B

Compliance Status

Not Halal

Screened on Aug 29, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates SiriusPoint Ltd. (SPNT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/SPNT

Business activity

Involved in prohibited business activities.

Failed

Company debt

Close to the limit

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

24.0% of 30.0% limit

What this means for you

Most scholars advise not holding SPNT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About SiriusPoint Ltd.

SiriusPoint Ltd. provides multi-line reinsurance and insurance products and services worldwide. It operates in four segments: Global P&C Programs, Global Reinsurance, Global Accident & Health, and London Market Specialty. Global P&C Programs segment offers programs space, by further strengthening its offering to clients and distribution partners globally. , Global Reinsurance segment provides casualty, property, and other specialties, such as proportional and excess of loss, treaty and facultative, aviation and space, marine and energy and, credit to insurance and reinsurance companies, government entities, and other risk bearing vehicles. London Market Specialty segment provides London casualty, energy, property, and marine leaders services. It provides accident and health, property and casualty, aviation and space, credit, surety, marine and energy, and mortgage. It offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.

Sector: Financial Services · Industry: Insurance - Reinsurance

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 29, 2026

Business Activity Screen

Failed

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

  • Prohibited industry: Insurance - Reinsurance

Compliance History

  1. Not Halalnow

    since Apr 2026

  2. Doubtful

    before we began tracking

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

Fiscal: Q2 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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iShares Silver Trust

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Sprott Physical Silver Trust
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Sprott Physical Silver Trust

$21.30

+6.23%

Sprott Physical Gold Trust
PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

Sprott Physical Gold and Silver Trust
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Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Frequently Asked Questions

Is SiriusPoint Ltd. (SPNT) halal to invest in?
SiriusPoint Ltd. (SPNT) 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 SiriusPoint Ltd. get a F compliance rating?
SiriusPoint Ltd. (SPNT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 24.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change SiriusPoint Ltd.'s Shariah verdict?
SiriusPoint Ltd.'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 SiriusPoint Ltd. re-screened for Shariah compliance?
SiriusPoint Ltd. (SPNT) 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: Aug 29, 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.