The Baldwin Insurance Group, Inc. (BWIN), an independent insurance broker in the Financial Services sector, undergoes rigorous Shariah compliance screening revealing significant challenges. The company's core business in conventional insurance distribution involves elements of riba (interest), gharar (uncertainty), and maysir (gambling), rendering it non-compliant under major standards. Financial ratios further exacerbate issues, with a debt-to-market-cap ratio of 70.16% far exceeding thresholds and interest income at 8.77% surpassing permissible limits. While ESG factors show low risk and strong governance, these do not offset the fundamental business and financial non-compliance. Overall, BWIN is classified as non-compliant, suitable only for monitoring or avoidance by Shariah-conscious investors, with alternatives in takaful recommended.