Is Enact Holdings, Inc. (ACT) halal? Not Halal. Based on AAOIFI screening, Enact Holdings, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
ACT — Is Enact Holdings, Inc. Halal?
Not HalalEnact Holdings, Inc.
$41.15
+0.15%
About Enact Holdings, Inc.
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings, Inc.
Sector: Financial Services · Industry: Insurance - Specialty
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Prohibited industry: Insurance - Specialty
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Not Halalnow
since Apr 2026
Doubtful
before we began tracking
Tracked since Apr 2026. Updates automatically on each re-screen.
Financial Overview
Market Cap
5.7B
Price
$41.15
Sector
Financial Services
Industry
Insurance - Specialty
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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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.