Is IHRT halal?
iHeartMedia, Inc.
Not halal
iHeartMedia, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NASDAQ
Price
1.64
Day
-7.34%
Market cap
$254.6M
Industry
Broadcasting
Sector
Communication Services
What the company does
iHeartMedia is the largest US radio-station owner (over 850 stations) plus the iHeartRadio app and a podcast network. Money comes from advertising; it carries heavy debt.
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 $5.04B ÷ 36-month average market cap $375.28M = 1343.8%
1343.8%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $174.44M ÷ 36-month average market cap $375.28M = 46.5%
46.5%
Fail
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: $254.63M.
For information (AAOIFI 3/1 note): cash + receivables are 20.5% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Broadcasting — 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.