Onity Group Inc

ONIT

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Financials
USA
Micro Cap

Onity Group Inc is not Shariah Compliant because of its involvement in Retail & Mortgage Banks and related activities.

22.61%

Impure Income*

$6.988

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
HOLD
8.49%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
31.72%
24.90%
43.17%

Shariah Compliance

  • Updated on September 22, 2026
Debt
100%
✗
Non-Compliant Assets
100%
✗
Impure Income
22.61%
✗

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
100%
✗
Impure Income
22.61%
✗

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
100%
✗
Impure Income
22.61%
✗

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
87.78%
✗
Cash
61.19%
✗
Cash & AR
62.95%
✗
Impure Income
22.61%
✗

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
87.78%
✗
Cash
61.19%
✗
Cash & AR
62.95%
✗
Impure Income
22.61%
✗

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
22.61%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Onity Group Inc. is a non-bank financial services company delivering mortgage servicing and originations solutions through Onity Mortgage Corporation. The Company offers a range of services and lending programs powered by a technology-enabled, customer-centric platform. Its segments include Servicing and Originations as well as a Corporate segment. The Servicing segment is primarily comprised of its mortgage servicing and subservicing business. Its servicing portfolio includes conventional, government-insured and non-Agency mortgage loans, small-balance commercial and multi-family loans, and reverse mortgage loans. The Originations segment originates and purchases loans through multiple channels, such as consumer direct and correspondent lending. Its consumer direct channel for forward mortgage loans focuses on targeting existing servicing customers by offering them mortgage refinance opportunities, where permitted by the governing servicing and pooling agreement.

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