Alliance Entertainment Holding Corp.

AENT: Is Alliance Entertainment Holding Corp. Halal?

Alliance Entertainment Holding Corp.

NASDAQTechnologyUS

$5.66

-0.53%

Market Cap: 288.5M

Compliance Status

Not Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Alliance Entertainment Holding Corp. (AENT) halal? Not Halal. Based on AAOIFI screening, Alliance Entertainment Holding Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Alliance Entertainment Holding Corp. (AENT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/AENT

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

32.5% of 30.0% limit

What this means for you

Most scholars advise not holding AENT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Alliance Entertainment Holding Corp.

Alliance Entertainment Holding Corporation operates as a wholesaler and e-commerce provider for the entertainment industry worldwide. It offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products. The company also provides third party logistics products and services. It distributes its physical media, entertainment products, hardware, and accessories through multi-channel strategy. The company exports its products. Alliance Entertainment Holding Corporation was founded in 1990 and is based in Plantation, Florida.

Sector: Technology · Industry: Media & Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q3 2026Data source: EDGAR

Halal Alternatives in Technology

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Frequently Asked Questions

Is Alliance Entertainment Holding Corp. (AENT) halal to invest in?
Alliance Entertainment Holding Corp. (AENT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Alliance Entertainment Holding Corp. get a F compliance rating?
Alliance Entertainment Holding Corp. (AENT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 32.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Alliance Entertainment Holding Corp.'s Shariah verdict?
Alliance Entertainment Holding Corp.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Alliance Entertainment Holding Corp. re-screened for Shariah compliance?
Alliance Entertainment Holding Corp. (AENT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 31, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.