CIFG, operating in the financial guaranty insurance sector, exhibits fundamental Shariah non-compliance due to its conventional business model involving interest-based contracts and elements of uncertainty (gharar). Financial ratios cannot be reliably calculated owing to insufficient public data, rendering quantitative screening inconclusive. Business activity analysis reveals 100% revenue from non-permissible activities, leading to disqualification across all major Shariah authorities and indices. While ESG factors show low risk with no major controversies, the core operations override these positives. Investors are advised to seek Shariah-compliant alternatives in the Takaful space.