Is VSNT halal?
Versant Media Group, Inc.
Not halal
Versant Media Group, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NASDAQ
Price
31.77
Day
+1.70%
Market cap
$4.34B
Industry
Entertainment
Sector
Communication Services
What the company does
Versant Media is the cable-network group spun off from Comcast in 2025: USA Network, CNBC, MS NOW (formerly MSNBC), E!, Golf Channel and others. Revenue comes from cable-operator fees and advertising.
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 $2.95B ÷ current market cap $4.34B = 68.0%
68.0%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $1.48B ÷ current market cap $4.34B = 34.0%
34.0%
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.
For information (AAOIFI 3/1 note): cash + receivables are 22.0% 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
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $36.01
- David EinhornGreenlight Capital (DME Capital Management)$69.2M1.8%
- Tweedy Browne$2.5M0.2%
- Dodge & Cox Funds$161.0M0.1%
Exited this quarter: First Eagle Investment Management
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Entertainment — for comparison.
Related articles
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- 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.