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Mon, Apr 20 03:16 PM
Non-Compliant

RKT

Quality Rating

B
Minimal compliance quality

Rocket Companies, Inc. (RKT) operates in the conventional mortgage lending sector, which inherently involves interest-based financing (riba), leading to non-compliance under Shariah standards. Financial ratios show high debt and liquidity levels exceeding thresholds, while income ratios are compliant. The company is not included in any major Shariah indices, confirming its non-compliant status. ESG factors are generally positive with low risk, but core business model remains a disqualifier. Investors should consider Shariah-compliant alternatives in Islamic finance.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in any major Shariah indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

431.2%

Liquidity Ratio

41.0%

Interest Income Ratio

0.0%

Purification

0.00%