Is Better Home & Finance Holding Co (BETR) Halal?

NASDAQ Financial Services United States $504M
✗ NOT HALAL
Confidence: 95/100
Better Home & Finance Holding Co (BETR) is Not Halal under AAOIFI Standard 21 due to its classification in the Mortgage Finance industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Mortgage Finance ✗ NOT HALAL
DJIM Excluded — Mortgage Finance ✗ NOT HALAL
MSCI Excluded — Mortgage Finance ✗ NOT HALAL
S&P Excluded — Mortgage Finance ✗ NOT HALAL
FTSE Excluded — Mortgage Finance ✗ NOT HALAL

Financial Highlights

EPS
$-10.80
P/B Ratio
13.2
Revenue
$207M
Growth: 77.4%
Beta
2.0
High volatility
Current Ratio
1.1

Profitability

Gross Margin 100.0%
Operating Margin -87.3%
Net Margin -100.6%
Return on Assets (ROA) -13.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$167M
Free Cash Flow-$178M
Total Debt$615M
Debt-to-Equity1672.8
Current Ratio1.1
Total Assets$1.5B

Price & Trading

Last Close$33.12
50-Day MA$31.10
200-Day MA$34.69
Avg Volume429K
Beta2.0
52-Week Range
$9.50
$94.06

About Better Home & Finance Holding Co (BETR)

CEO
Mr. Vishal Garg
Employees
1,329
Website
Sector
Financial Services
Industry
Mortgage Finance
Country
United States
Exchange
NASDAQ
Market Cap
$504M
Currency
USD

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, Federal Housing Administration insured loans, Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It offers real estate agent services, title insurance and settlement services, and homeowners insurance services. It also offers home equity lines of credit and closed-end second-lien loans. The company formerly known as Better Mortgage Corporation and changed its name to Better Home & Finance Holding Company in August 2023. Better Home & Finance Holding Company is headquartered in New York, New York.

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Frequently Asked Questions

Is Better Home & Finance Holding Co (BETR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Better Home & Finance Holding Co is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Better Home & Finance Holding Co's debt ratio?

Better Home & Finance Holding Co's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Better Home & Finance Holding Co's key financial metrics?

Better Home & Finance Holding Co has a market capitalization of $504M, and revenue of $207M. The company maintains a gross margin of 100.0% and a net margin of -100.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.