What is Hovnanian Enterprises, Inc.'s Shariah compliance score?

Hovnanian Enterprises, Inc.'s (HOV) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Hovnanian Enterprises, Inc. pass AAOIFI screening?

Hovnanian Enterprises, Inc. (HOV) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (HOV: 138.1%), (3) interest-bearing deposits below 30% (HOV: 41.8%), and (4) prohibited income below 5% (HOV: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Hovnanian Enterprises, Inc. stock?

Hovnanian Enterprises, Inc. (HOV) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from HOV shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Hovnanian Enterprises, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Hovnanian Enterprises, Inc. (HOV) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HOV's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HOV: Is Hovnanian Enterprises, Inc. Halal?

Hovnanian Enterprises, Inc.

NYSEConsumer CyclicalUS

$134.53

-0.36%

Market Cap: 682.3M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Hovnanian Enterprises, Inc. (HOV) halal? Not Halal. Based on AAOIFI screening, Hovnanian Enterprises, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

138.1% of 30.0% limit

What this means for you

Most scholars advise not holding HOV

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Hovnanian Enterprises, Inc.

Hovnanian Enterprises, Inc. is a leading company focused on the entire process of developing residential properties across the United States. This includes everything from the initial design and construction to the marketing and eventual sale of homes. Their diverse housing portfolio encompasses traditional single-family detached houses, attached townhomes and condominiums, urban infill developments, and dedicated active adult communities. These active lifestyle communities often come equipped with various amenities such as clubhouses, swimming pools, tennis courts, children's play areas (tot lots), and ample open spaces. Hovnanian caters to a wide array of homebuyers. Their clientele includes individuals purchasing their very first home, first-time and second-time move-up buyers seeking larger residences, luxury home seekers, those desiring an active lifestyle, and empty nesters. In addition to home construction, the company also assists its customers by offering mortgage loans and title insurance services. Hovnanian Enterprises was founded in 1959 and operates from its corporate headquarters located in Matawan, New Jersey.

Sector: Consumer Cyclical · Industry: Residential Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

MARA+

Marriott International, Inc.

$366.24

-0.85%

FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

ROLA+

Rollins, Inc.

$44.77

-0.40%

TSCOA+

Tractor Supply Company

$30.24

+1.65%

GNTXA+

Gentex Corporation

$24.35

-2.25%

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A+

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MCD

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B+

BKNG

Booking Holdings Inc.

LOW

Lowe's Companies, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Hovnanian Enterprises, Inc. (HOV) halal to invest in?

Hovnanian Enterprises, Inc. (HOV) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Hovnanian Enterprises, Inc. get a F compliance rating?

Hovnanian Enterprises, Inc. (HOV) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 138.1% (limit 30%); interest-bearing deposits of 41.8% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Hovnanian Enterprises, Inc.'s Shariah verdict?

Hovnanian Enterprises, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Hovnanian Enterprises, Inc. re-screened for Shariah compliance?

Hovnanian Enterprises, Inc. (HOV) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.