Is Finance of America Companies Inc. (FOA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Credit Services | ✗ NOT HALAL | |||
| DJIM | Excluded — Credit Services | ✗ NOT HALAL | |||
| MSCI | Excluded — Credit Services | ✗ NOT HALAL | |||
| S&P | Excluded — Credit Services | ✗ NOT HALAL | |||
| FTSE | Excluded — Credit Services | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 82.8% | |
| Operating Margin | -20.7% | |
| Net Margin | 9.1% | |
| Return on Equity (ROE) | 30.8% | |
| Return on Assets (ROA) | 0.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$424M |
| Free Cash Flow | -$424M |
| Total Debt | $28.4B |
| Debt-to-Equity | 2861.4 |
| Current Ratio | 8.1 |
| Total Assets | $29.2B |
Price & Trading
| Last Close | $16.70 |
| 50-Day MA | $20.36 |
| 200-Day MA | $22.86 |
| Avg Volume | 105K |
| Beta | 1.7 |
|
52-Week Range
$16.09
| |
About Finance of America Companies Inc. (FOA)
Finance of America Companies Inc. a financial service holding company, through its subsidiaries, provides home equity-based financing solutions for a modern retirement in the United States. The company operates through two segments: Retirement Solutions and Portfolio Management. It offers home equity conversion and non-agency reverse mortgage loans; and product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services. The company was founded in 2013 and is headquartered in Plano, Texas.
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Frequently Asked Questions
Is Finance of America Companies Inc. (FOA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Finance of America Companies Inc. 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 Finance of America Companies Inc.'s debt ratio?
Finance of America Companies Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Finance of America Companies Inc.'s key financial metrics?
Finance of America Companies Inc. has a market capitalization of $166M, trailing P/E ratio of 4.1, and revenue of $271M. The company maintains a gross margin of 82.8% and a net margin of 9.1%. Return on equity stands at 30.8%.
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.