PGR — The Progressive Corp.

Conventional insurance underwriter.

Why?

Progressive's core business is conventional (non-takaful) auto and property insurance underwriting, excluding it under the business-activity screen.

How this was screened

Primary basis: Business-activity screen.

References

• Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).

As of: 2026-09-06

This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.