What is Onity Group Inc.'s Shariah compliance score?

Onity Group Inc.'s (ONIT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Onity Group Inc. pass AAOIFI screening?

Onity Group Inc. (ONIT) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ONIT: 4908.8%), (3) interest-bearing deposits below 30% (ONIT: 57.6%), and (4) prohibited income below 5% (ONIT: 0.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Onity Group Inc. stock?

Onity Group Inc. (ONIT) has a non-permissible income ratio of 0.66%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ONIT shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Onity Group Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Onity Group Inc. (ONIT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ONIT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Onity Group Inc. (ONIT) halal? Not Halal. Based on AAOIFI screening, Onity Group Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

ONIT: Is Onity Group Inc. Halal?

Not Halal

Onity Group Inc.

NYSEFinancial ServicesUS

$36.67

-3.45%

AvoidBorderlineClean

About Onity Group Inc.

Onity Group Inc. operates as a financial services firm focused on the creation and administration of both conventional (forward) and reverse mortgage loans. Its business activities extend across the United States, the U.S. Virgin Islands, India, and the Philippines, and are structured into two core divisions: Servicing and Originations. The company provides a wide array of offerings, including the management of owned mortgage servicing rights and subservicing products. Its comprehensive loan portfolio features traditional conventional mortgages, government-backed loans, non-agency mortgages, reverse mortgages, multi-family property loans, and both residential forward and small commercial mortgage solutions. Onity actively originates and acquires conventional and government-insured residential forward and reverse mortgage loans through various avenues, such as correspondent lending partnerships, broker relationships, and direct retail channels. Services are delivered under its recognized brands, PHH Mortgage and Liberty Reverse Mortgage, primarily catering to other financial institutions. Established in 1988 and headquartered in West Palm Beach, Florida, the organization recently rebranded in June 2024, transitioning from its former identity as Ocwen Financial Corporation to its current name, Onity Group Inc.

Sector: Financial Services · Industry: Financial - Mortgages

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 20, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap4908.8% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 20, 2026Fiscal: Q1 2026Source: EDGAR

Financial Overview

Market Cap

309.2M

Price

$36.67

Sector

Financial Services

Industry

Financial - Mortgages

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Free · No credit card required

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Frequently Asked Questions

Is Onity Group Inc. (ONIT) halal to invest in?

Onity Group Inc. (ONIT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Onity Group Inc. get a F compliance rating?

Onity Group Inc. (ONIT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4908.8% (limit 30%); interest-bearing deposits of 57.6% (limit 30%); prohibited income of 0.66% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Onity Group Inc.'s Shariah verdict?

Onity Group Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Onity Group Inc. re-screened for Shariah compliance?

Onity Group Inc. (ONIT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 20, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.