Is EG halal?
Everest Group, Ltd.
Not halal
Everest Group, Ltd. did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
389.1
Day
+2.03%
Market cap
$14.78B
Industry
Insurance - Reinsurance
Sector
Financial Services
What the company does
Everest Group (Bermuda) is a reinsurer and insurer that takes on catastrophe and large risks from other insurers. Revenue is premiums and investment income.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Prohibited activity: Insurance - Reinsurance
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $3.59B ÷ 36-month average market cap $15.16B = 23.7%
23.7%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $18.63B ÷ 36-month average market cap $15.16B = 122.9%
122.9%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $26.00M ÷ annual revenue $17.22B (2025) = 0.1%
0.1%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $14.78B.
For information (AAOIFI 3/1 note): cash + receivables are 50.0% of total assets (2025-12-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.02% weight · #440 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 4 superinvestors · Average reported price: $357.23
- Vulcan Value Partners$370.4M11.3%
- Sarah KettererCauseway Capital Management$90.3M1.0%
- Christopher DavisDavis Advisors$45.2M0.2%
- Arnold Van Den BergCentury Management$294K0.1%
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.