TPG Mortgage Investment Trust Inc

MITT: Is TPG Mortgage Investment Trust Inc Halal?

TPG Mortgage Investment Trust Inc

NYSEReal EstateUS

$7.64

-2.18%

Market Cap: 243.0M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is TPG Mortgage Investment Trust Inc (MITT) halal? Not Halal. Based on AAOIFI screening, TPG Mortgage Investment Trust Inc has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

3333.9% of 30.0% limit

What this means for you

Most scholars advise not holding MITT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About TPG Mortgage Investment Trust Inc

TPG Mortgage Investment Trust Inc (MITT) operates as a U.S.-based real estate investment trust (REIT) primarily concentrated on residential mortgages. Its diverse portfolio includes various residential assets such as non-conforming mortgage loans, non-owner occupied loans backed by government-sponsored entities, both re-performing and non-performing loans, land development financing, and agency residential mortgage-backed securities. The company also maintains a portion of its investments in commercial properties. MITT is structured as a REIT for federal income tax purposes, which typically allows it to bypass federal corporate income taxes if it disperses at least 90% of its taxable earnings to its shareholders. The firm was established in 2011 and is headquartered in New York City.

Sector: Real Estate · Industry: REIT - Mortgage

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited industry: REIT - Mortgage

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is TPG Mortgage Investment Trust Inc (MITT) halal to invest in?
TPG Mortgage Investment Trust Inc (MITT) 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 TPG Mortgage Investment Trust Inc get a F compliance rating?
TPG Mortgage Investment Trust Inc (MITT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3333.9% (limit 30%); interest-bearing deposits of 31.4% (limit 30%); prohibited income of 101.62% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change TPG Mortgage Investment Trust Inc's Shariah verdict?
TPG Mortgage Investment Trust 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 TPG Mortgage Investment Trust Inc re-screened for Shariah compliance?
TPG Mortgage Investment Trust Inc (MITT) 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.