Is MHO halal?
M/I Homes, Inc.
Halal
M/I Homes, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
124.48
Day
-1.22%
Market cap
$3.19B
Industry
Residential Construction
Sector
Consumer Cyclical
What the company does
M/I Homes builds homes in the US Midwest and South (about 9,000 a year). Its money comes from home sales; the mortgage unit's ratio is checked by the screener.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $949.30M ÷ 36-month average market cap $3.60B = 26.3%
26.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $735.94M ÷ 36-month average market cap $3.60B = 20.4%
20.4%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $3.19B.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #672 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Residential Construction — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.