Is FWONA halal?
Liberty Media Corporation - Ser
Doubtful
No clear verdict is possible for Liberty Media Corporation - Ser — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 14 October 2026
Exchange
NASDAQ
Price
83.18
Day
-0.17%
Market cap
$21.15B
Industry
Entertainment
Sector
Communication Services
Manually identified reason
Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:
Doubtful: Betway/FanDuel are F1's OFFICIAL betting operators (live in-play wagering), + Heineken title sponsor (alcohol); share not disclosed
What the company does
Liberty Media / Formula One Group owns the Formula 1 championship (and MotoGP since 2025): its money comes from race-hosting fees (paid by host cities), broadcasting rights and sponsorship (including official betting partners).
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
Doubtful: Betway/FanDuel are F1's OFFICIAL betting operators (live in-play wagering), + Heineken title sponsor (alcohol); share not disclosed
Interest-bearing debt / market cap
limit 30%
25.1%
Pass
Cash & investments / market cap
limit 30%
7.5%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $87.54
- Ruane Cunniff LP$60.9M0.9%
Halal stocks in the same industry
The largest halal stocks in Entertainment — for comparison.
Related articles
- Halal investingBlogThe "doubtful" category: film, music and scholarly disagreementWhy Netflix, Disney and Spotify are not on our halal list — yet not labelled "haram" either. How we handle a disputed question.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
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.