Is HAS (Hasbro, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, HAS 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 (25.96% vs ≤33% threshold), interest income ratio (0.61% vs ≤5% threshold), and cash & securities ratio (6.73% vs ≤33% threshold).

Hasbro, Inc. is a leading global play and entertainment company renowned for its extensive portfolio of toys and games. Its consumer products segment drives revenue through iconic brands, action figures, board games, and out-licensing of intellectual property for apparel and merchandise. For Muslim investors, Hasbro currently presents a Halal investment opportunity, having passed all four AAOIFI screening criteria. Because its primary business revolves around permissible leisure goods rather than haram activities, it clears the strict core business activity screen without issue. From a financial perspective, Hasbro demonstrates responsible balance sheet management with a debt-to-market cap ratio of 26.0%, well within the 33% limit. Furthermore, its cash and securities sit at an acceptable 6.7% of market cap, and interest income accounts for just 0.61% of total revenues, minimizing exposure to riba. While the core toy business is strictly permissible, investors should periodically monitor Hasbro's entertainment and licensing divisions. Ensuring that out-licensed media and digital gaming segments do not heavily pivot into gambling or mature, impermissible content will be key for long-term compliance. Hasbro, Inc. operates in the Consumer Cyclical sector under the Leisure industry and is headquartered in Pawtucket, RI, US. The company is led by CEO Christian Cocks and employs approximately 4,985 people.

HAS 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. HAS passed 4 of these 4 screens.

Although HAS passes all shariah screens, it does earn $28.6M in interest income (0.61% 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 $0.61 to purify the income.

HAS 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.