Is ENT.L (Entain Plc) Halal or Haram?

Based on our AAOIFI-standard shariah screening, ENT.L is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 2 of 4 compliance screens. Entain Plc's core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 107.56% exceeds the ≤33% threshold.

Entain Plc is a global leader in the sports betting and gaming industry, operating a massive portfolio of well-known brands across online and retail channels. The company runs iconic UK high-street names like Ladbrokes and Coral, alongside major international online platforms such as bwin, Sportingbet, and partypoker. Their services cover the full spectrum of gambling activities, including sportsbooks , online casinos, bingo, and poker rooms. For Muslim investors, Entain Plc is classified as Not Hal al (Haram) and must be avoided. The company fails the primary business activity screen because its entire revenue stream is generated from gambling (maysir), which is explicitly forbidden in Islam. Regardless of financial ratios, a company whose core business involves betting or games of chance cannot be considered shariah-compliant. Financial screening further confirms this non-compliant status, as Entain carries a significant debt burden. The company's Debt-to-Market Cap ratio stands at 107.6%, which is more than triple the maximum threshold of 33% allowed by AAOIFI standards. Although its cash holdings and interest income are technically within limits, the combination of a prohibited business model and excessive leverage makes this stock unsuitable for any Islamic portfolio. There is no scholarly debate regarding companies like Entain; the prohibition on gambling is absolute in Islamic jurisprudence. Investors seeking exposure to the Consumer Cyclical sector should look for companies involved in permissible entertainment or retail rather than wagering services. Entain Plc operates in the Consumer Cyclical sector under the Gambling, Resorts & Casinos industry and is headquartered in Douglas, GB. The company is led by CEO Stella Julie David and employs approximately 19,272 people.

ENT.L was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. ENT.L passed 2 of these 4 screens.

ENT.L was last screened on 2026-03-01. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.