AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: UWMC
Report Date: 2026-05-06
Full Report: https://amaly.io/stock/UWMC

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: UWM Holdings Corporation (UWMC) operates in the mortgage lending sector, which involves interest-based financing deemed non-compliant with Shariah principles due to riba. The company's exceptionally high debt ratio significantly exceeds all established thresholds across AAOIFI, MSCI, and S&P standards, leading to non-compliance in financial screening. Business activities centered on conventional mortgages further disqualify the stock. No inclusion in major Shariah indices confirms overall non-compliance. Investors are advised to consider Shariah-compliant alternatives in permissible financing models.

Primary Compliance Concerns:
- High debt ratio (151.45%) exceeding all thresholds
- Core business involvement in riba through interest-based mortgages
- Absence from all major Shariah indices

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah indices

KEY FINANCIAL METRICS
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Debt Ratio: 151.4%
Liquidity Ratio: 6.3%
Interest Income Ratio: 0.0%
Purification Required: 0.00%

INDEX INCLUSION STATUS
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S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2025-11-30

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-25T00:00:00Z

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Full interactive report: https://amaly.io/stock/UWMC
Provided by Amaly (https://amaly.io) — Shariah Compliant Stock Screener
Disclaimer: This data is for informational purposes only and does not constitute financial or religious advice.