Is TKO (TKO Group Holdings, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, TKO 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 (28.23% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (5.78% vs ≤33% threshold).

TKO Group Holdings, Inc. is a major player in the global sports and entertainment industry, operating segments across media, live events, sponsorships, and consumer products. The company produces widespread television and streaming content broadcasted across 170 countries, alongside merchandising physical and digital goods, including apparel, video games, and memorabilia. For Muslim investors, TKO represents an interesting opportunity in the entertainment sector, as it successfully passes all four AAOIFI Shariah screens, earning a Halal status. Its core business activities in sports entertainment are deemed permissible, and it successfully clears the strict financial ratio requirements that often trip up large media conglomerates. From an Islamic finance perspective, TKO's balance sheet is notably clean regarding interest-bearing elements, boasting a 0.00% interest income to revenue ratio. Its debt-to-market cap ratio stands at a compliant 28.2%, and its cash and securities account for just 5.8% of its market capitalization, showing efficient capital use without excessive hoarding of liquid assets. While the core business is currently compliant, Muslim investors should continuously monitor the nature of TKO's media content and sponsorships to ensure they do not heavily pivot into promoting gambling, alcohol, or other impermissible industries in the future. TKO Group Holdings, Inc. 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 Ariel Zev Emanuel and employs approximately 4,000 people.

TKO 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. TKO passed 4 of these 4 screens.

TKO has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.

TKO 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.