RKT
Rocket Companies, Inc.
Is RKT Halal?
Mortgage origination and personal finance — core business is interest-based lending.
What You Should Know
Rocket Companies is a US mortgage and financial-services company whose businesses include Rocket Mortgage, Rocket Loans, mortgage servicing, and the acquired Mr. Cooper platform. Its March 31, 2026 filing reports $2.941 billion of quarterly net revenue, including $507 million of interest income, and $26.312 billion of identified secured and unsecured financing against $59.439 billion of assets. The principal business remains conventional mortgage origination, servicing, and related lending, which fails the qualitative screen because it is directly tied to interest-bearing loans.
⚠️ Concerns
- •Core business is conventional mortgage origination and servicing — riba is categorically prohibited in Islamic law
- •Gain-on-sale revenue and mortgage-servicing rights are tied to interest-bearing loans
- •Rocket Loans adds personal lending exposure
- •The latest quantitative debt/assets ratio is 44.27%, above the examined limits
- •No Sharia-compliant restructuring is identified
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-13.
26,312 / 59,439
2,687 / 59,439
4,310 / 59,439
507 / 2,941
- Financial
- Fails
- Overall
- Fails
Debt/assets is 44.27%, above the examined 33.33% limit; disclosed interest income is 17.24% of revenue and the core activity is conventional lending.
- Financial
- Fails
- Overall
- Fails
Debt/assets fails the examined total-assets limit, and the core business is conventional mortgage lending and servicing.
- Financial
- Fails
- Overall
- Fails
Debt/assets is above the examined Malaysia SAC limit and the core business is prohibited lending; this is not an official SAC classification.
- Financial
- Not calculated
- Overall
- Not calculated
No licensed historical market-cap series is stored.
Business-activity disclosure
Rocket Companies' principal businesses include conventional mortgage origination, mortgage servicing, personal lending and related financial services. These activities are directly tied to interest-bearing loans and fail the qualitative screen.
Limitation: The filing reports multiple mortgage and servicing revenue lines rather than a Sharia-compliant segment that could be separated from conventional lending.
Purification
The filing discloses $507 million of interest income, but purification cannot cure a core prohibited lending business; ZakatInvest does not prescribe a fixed percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from Rocket Companies' March 31, 2026 Form 10-Q.
- Interest-bearing debt includes $15,882 million secured financing and $10,430 million unsecured financing; mortgage-loan repurchase obligations are disclosed separately and are not added to avoid double counting.
- Cash is $2,687 million and advance receivables are $1,623 million.
- Total revenue, net is $2,941 million and disclosed interest income is $507 million.
- The entire revenue base is treated as a conservative upper-bound prohibited-business numerator because Rocket's core revenue is mortgage origination, mortgage servicing and related conventional lending.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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