Is FOXA (Fox Corporation) Halal or Haram?

Based on our AAOIFI-standard shariah screening, FOXA is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (26.53% vs ≤33% threshold), interest income ratio (1.08% vs ≤5% threshold), and cash & securities ratio (19.02% vs ≤33% threshold).

Fox Corporation is a major American media company focusing on news, sports, and entertainment broadcasting. It operates well-known networks including FOX News, FOX Business, and multi-sport channels like FS1 and FS2 across traditional and digital platforms. For Muslim investors, FOXA currently screens as Halal, having successfully passed all four AAOIFI criteria. This means its core business activities are broadly permissible, and its financial structure aligns with Islamic principles regarding debt and interest. From a financial perspective, the company demonstrates strong compliance with a Debt to Market Cap ratio of 26.5%, safely below the 33% limit. Furthermore, its interest income is highly restricted, representing only 1.08% of total revenue, which minimizes exposure to haram earnings. While the news and sports segments are straightforwardly permissible, some scholars advise caution regarding general entertainment broadcasting due to the potential for non-compliant content. Investors should continuously monitor the company's content mix and debt levels to ensure ongoing shariah compliance. Fox Corporation operates in the Communication Services sector under the Entertainment industry and is headquartered in New York City, NY, US. The company is led by CEO Lachlan Keith Murdoch and employs approximately 10,200 people.

FOXA 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. FOXA passed 4 of these 4 screens.

Although FOXA passes all shariah screens, it does earn $176.0M in interest income (1.08% of revenue). Many scholars recommend purifying this portion by donating the equivalent percentage of any dividends received to charity. For example, if you receive $100 in dividends, you would donate approximately $1.08 to purify the income.

FOXA was last screened on 2026-04-29. 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.