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Shariah compliance overview

Not Halal

Enact Holdings Inc. (ACT) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Enact Holdings Inc.

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company engages in writing and assuming residential mortgage guaranty insurance.

Enact Holdings Inc. (ACT) 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
37.43%Limit 5%Fail
Interest-bearing debt
14.02%Limit 30%Pass
Interest-bearing securities and assets
10.97%Limit 30%Pass
Dividend purification
27.61%Share of dividends to give to charityPurification calculator

Last updated: Oct 22, 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 Enact Holdings Inc. (ACT). Current Akinda screening label: Not Halal.