Is KINS halal?
Kingstone Companies, Inc
Not halal
Kingstone Companies, Inc did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NASDAQ
Price
18.69
Day
+0.59%
Market cap
$271.6M
Industry
Insurance - Property & Casualty
Sector
Financial Services
What the company does
Kingstone Companies is a New York property insurer focused on homeowners policies, sold through independent agents. Revenue comes from insurance 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 - Property & Casualty
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $3.80M ÷ 36-month average market cap $163.54M = 2.3%
2.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $169.02M ÷ 36-month average market cap $163.54M = 103.3%
103.3%
Fail
Non-compliant income / total revenue
limit 5%
—
No data
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: $271.64M.
For information (AAOIFI 3/1 note): cash + receivables are 50.5% of total assets (2026-06-30). 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
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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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.