Is NCMI halal?
National CineMedia, Inc.
Halal
National CineMedia, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
2.06
Day
-8.44%
Market cap
$207.9M
Industry
Advertising Agencies
Sector
Communication Services
What the company does
National CineMedia is a cinema advertising network selling the pre-show ads shown in major US theaters (AMC, Regal, Cinemark). Its money comes from advertisers.
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 $12.00M ÷ 36-month average market cap $460.19M = 2.6%
2.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $43.10M ÷ 36-month average market cap $460.19M = 9.4%
9.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $1.40M ÷ annual revenue $243.20M (2025) = 0.6%
0.6%
Pass
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: $207.90M.
For information (AAOIFI 3/1 note): cash + receivables are 23.6% 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
- Among halal stocks
- 0.00% · #1122 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 4.25% · purify 0.6% · net 4.22%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $3.80
- First Eagle Investment Management$2.6M0.0%
Halal stocks in the same industry
The largest halal stocks in Advertising Agencies — 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.