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FNMA Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: August 06, 2024
Report Source: 2024 2nd Quarter Report
Federal National Mortgage Association. Stock Analysis FNMA
United States Financials Mid Cap Report: Federal National Mortgage Association is a government-sponsored company, which engages in the provision of liquidity for purchases of homes and financing of multifamily rental housing and refinancing existing mortgages. The company is headquartered in Washington, Washington Dc and currently employs 7,000 full-time employees. The company is a government-sponsored, stockholder-owned corporation, chartered by Congress to provide liquidity and stability to the United States housing market and to promote access to mortgage credit. Its segments include Single-Family and Multifamily. The Single-Family business operates in the secondary mortgage market relating to loans secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating to loans secured by properties containing five or more residential units. Its categories of mortgage securitization transactions include lender swap transactions, portfolio securitization transactions, and structured securitization transactions. The company funds its business through the issuance of short and long-term debt securities in the domestic and international capital markets.
Read More Federal National Mortgage Association (FNMA) Chart
Key Statistics of Federal National Mortgage Association (FNMA)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$6.22Volume
3.57MP/E Ratio (TTM)
0.5052 Week Range
Market Cap
8.29BAvg. Volume
4.46MDividend Yield
-Financial Metrics & Statements of Federal National Mortgage Association (FNMA)
FAQ's for Federal National Mortgage Association (FNMA)
- According to Musaffa’s Shariah screening methodology, Federal National Mortgage Association (FNMA) is currently classified as NOT HALAL as of August 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Federal National Mortgage Association using these criteria to determine its compliance status.
- Muslim investors may consider investing in Federal National Mortgage Association if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Federal National Mortgage Association by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Federal National Mortgage Association may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Federal National Mortgage Association on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.