Fathom Holdings Inc. (FTHM) - Not Halal (Non-Compliant)
Fathom Holdings Inc. (FTHM) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Real Estate
- Industry
- Real Estate Services
- Result
- Doubtful
- Reason
- This company requires further review: description mentions: loan origination. The sector "Real Estate" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 85.7% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 13.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.06%.Based on the company's financial statements, approximately 0.06% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.06% of total income). Some scholars may differ on the exact calculation method.
About Fathom Holdings Inc.
Fathom Holdings Inc. provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Title. The Real Estate Brokerage segment provides real estate brokerage services. The Mortgage segment offers residential loan origination and underwriting services. The Title segment provides title insurance, escrow, and settlement services to facilitate residential real estate transactions. It offers access to various properties for sale or lease through its FathomRealty.com website to buyers, sellers, landlords, and tenants. In addition, the company provides intelliAgent, a real estate technology platform that offers a suite of brokerage and agent level tools, technology, business processes, business intelligence and reporting, and training; transaction, personnel, customer relationship, and accounting management for agent transactions; and reporting, social media marketing, and other marketing and marketing repository services, as well as marketplace for add-on services and third-party technology. Its brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone. Fathom Holdings Inc. was founded in 2010 and is headquartered in Cary, North Carolina.

