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Shariah compliance overview

Not Halal

NMI Holdings, Inc. (NMIH) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About NMI Holdings, Inc.

NMI Holdings, Inc. is a company operating within the United States that offers private mortgage guaranty insurance. In addition to its core insurance products, the firm also delivers outsourced loan assessment services, specifically catering to mortgage loan originators.

NMI Holdings, Inc. (NMIH) operates in the Financial Services sector, in the Insurance - Specialty industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
12.73%Limit 5%Fail
Interest-bearing debt
14.60%Limit 30%Pass
Interest-bearing securities and assets
15.69%Limit 30%Pass
Dividend purification
12.73%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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Frequently asked questions

Quick answers about NMI Holdings, Inc. (NMIH). Current Akinda screening label: Not Halal.