Is M/I HOMES, INC. (MHO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 29.0% / 30% | 19.4% / 30% | 0.0% / 30% | 1.08% / 5% | ✓ HALAL |
| DJIM | 29.0% / 33% | 19.4% / 33% | 0.0% / 33% | 1.08% / 5% | ✓ HALAL |
| MSCI | 21.6% / 33% | 14.4% / 33% | 0.0% / 33% | 1.08% / 5% | ✓ HALAL |
| S&P | 29.0% / 33% | 19.4% / 33% | 0.0% / 33% | 1.08% / 5% | ✓ HALAL |
| FTSE | 21.6% / 33% | 14.4% / 33% | 0.0% / 50% | 1.08% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.5% | |
| Operating Margin | 9.7% | |
| Net Margin | 9.1% | |
| Return on Equity (ROE) | 13.2% | |
| Return on Assets (ROA) | 7.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $137M |
| Free Cash Flow | $128M |
| Total Debt | $1.0B |
| Debt-to-Equity | 32.5 |
| Current Ratio | 7.3 |
| Total Assets | $4.8B |
Price & Trading
| Last Close | $121.88 |
| 50-Day MA | $135.49 |
| 200-Day MA | $132.54 |
| Avg Volume | 247K |
| Beta | 1.7 |
|
52-Week Range
$100.22
| |
About M/I HOMES, INC. (MHO)
M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, multi-generational, and luxury homebuyers under the M/I Homes brand name. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.
Purification Calculator
As a halal stock with 1.08% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is M/I HOMES, INC. (MHO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), M/I HOMES, INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is M/I HOMES, INC.'s debt ratio?
M/I HOMES, INC.'s debt ratio is 29.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 21.6%.
Does M/I HOMES, INC. require dividend purification?
Yes, M/I HOMES, INC. has an impermissible income ratio of 1.08%, which means 1.08% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are M/I HOMES, INC.'s key financial metrics?
M/I HOMES, INC. has a market capitalization of $3.1B, trailing P/E ratio of 8.0, and revenue of $4.4B. The company maintains a gross margin of 22.5% and a net margin of 9.1%. Return on equity stands at 13.2%.
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.