Is FWONK 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
90.81
Day
+0.00%
Market cap
$23.15B
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 (same company as FWONA)
What the company does
Formula One Group — the same company as FWONA, the non-voting Class C share. Same business: Formula 1 and MotoGP.
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 (same company as FWONA)
Interest-bearing debt / market cap
limit 30%
22.8%
Pass
Cash & investments / market cap
limit 30%
6.8%
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
- HLAL 0.07%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $95.14
- Ruane Cunniff LP$497.0M7.7%
- Dennis HongShawSpring Partners$16.3M7.0%
- Chase ColemanTiger Global Management$216.8M0.9%
Exited this quarter: William Von Mueffling
All superinvestor portfoliosHalal 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.