Shariah compliance overview
Not HalalFederal National Mortgage Association (FNMAS) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Federal National Mortgage Association
The Federal National Mortgage Association, widely known as Fannie Mae, serves a crucial role in providing financial stability and liquidity to the United States' mortgage market.
Federal National Mortgage Association (FNMAS) operates in the Financial Services sector, in the Financial - Mortgages industry.
Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt, Interest-bearing securities and assets.
- Business Activity
- 49.70%Limit 5%Fail
- Interest-bearing debt
- 13090.01%Limit 30%Fail
- Interest-bearing securities and assets
- 254.70%Limit 30%Fail
- Dividend purification
- 49.70%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Company Profile
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Frequently asked questions
Quick answers about Federal National Mortgage Association (FNMAS). Current Akinda screening label: Not Halal.
