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AAOIFI No. 21 screening

Is NWS halal?

News Corporation

Halal

News Corporation 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

32.88

Day

-0.54%

Market cap

$17.71B

Industry

Entertainment

Sector

Communication Services

What the company does

News Corp is a media holding: Dow Jones (The Wall Street Journal, Barron's), the HarperCollins book publisher, Australian and UK newspapers (The Times, The Sun) and the REA Group property site. Its money comes from subscriptions, advertising and book sales.

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 $1.99B ÷ 36-month average market cap $16.65B = 11.9%

    11.9%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $3.00B ÷ 36-month average market cap $16.65B = 18.0%

    18.0%

    Pass

  • 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: $17.71B.

For information (AAOIFI 3/1 note): cash + receivables are 24.8% 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

Among halal stocks
0.03% · #303 of 1455
Held by funds
HLAL 0.01%

Superinvestors

SEC 13F, 2026 Q3. Up to 45 days delayed.

Held by 1 superinvestors · Average reported price: $28.06

All superinvestor portfolios

Manually reviewed — clean

The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:

News Corp — Dow Jones/WSJ, HarperCollins, ko'chmas mulk (REA/Move), gazetalar. Qimor/alkogol daromad segmenti yo'q

Halal stocks in the same industry

The largest halal stocks in Entertainment — for comparison.

Related articles

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.

Earnings historyNWS's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →