What is Clear Channel Outdoor Holdings, Inc.'s Shariah compliance score?

Clear Channel Outdoor Holdings, Inc.'s (CCO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Clear Channel Outdoor Holdings, Inc. pass AAOIFI screening?

Clear Channel Outdoor Holdings, Inc. (CCO) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CCO: 416.0%), (3) interest-bearing deposits below 30% (CCO: 15.5%), and (4) prohibited income below 5% (CCO: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Clear Channel Outdoor Holdings, Inc. stock?

Clear Channel Outdoor Holdings, Inc. (CCO) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CCO shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Clear Channel Outdoor Holdings, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Clear Channel Outdoor Holdings, Inc. (CCO) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CCO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CCO: Is Clear Channel Outdoor Holdings, Inc. Halal?

Clear Channel Outdoor Holdings, Inc.

NYSECommunication ServicesUS

$2.41

+0.42%

Market Cap: 1.2B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Clear Channel Outdoor Holdings, Inc. (CCO) halal? Not Halal. Based on AAOIFI screening, Clear Channel Outdoor Holdings, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

416.0% of 30.0% limit

What this means for you

Most scholars advise not holding CCO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. is a prominent player in the out-of-home advertising industry, engaged in the ownership, operation, and sale of various display types across the United States and internationally. The company's operations are geographically divided into two primary segments: the Americas and Europe. Its extensive portfolio encompasses a wide array of advertising media. These include traditional billboards, such as large bulletins and smaller posters; transit displays situated on vehicles or within public transportation systems; and street furniture displays, which appear on urban structures like bus shelters, information kiosks, and freestanding units. For high-impact campaigns, they develop elaborate "spectaculars"—customized, multi-dimensional displays that often incorporate video, moving components, and other dynamic features. They also offer "wallscapes," which are large-format advertisements draped over or affixed to building exteriors. Beyond these diverse display options, the company extends its services to include providing street furniture equipment, comprehensive cleaning and maintenance, production support, and the management of public bicycle rental programs across various municipalities. As of December 31, 2021, Clear Channel Outdoor boasted a substantial global presence, managing approximately 69,000 advertising displays throughout the Americas and an even larger network of 430,000 displays across Europe. Founded in 1901, the company initially operated as Eller Media Company before rebranding to Clear Channel Outdoor Holdings, Inc. in August 2005. Its corporate headquarters are situated in San Antonio, Texas.

Sector: Communication Services · Industry: Advertising Agencies

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)

3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

•Advertising Agencies: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$5.39

-5.11%

RDDTA+

Reddit, Inc.

$203.27

+1.16%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

METAA+

Meta Platforms, Inc.

$646.01

+1.70%

CHTA+

Chunghwa Telecom Co., Ltd.

$41.44

-0.10%

More Communication Services Stocks

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Frequently Asked Questions

Is Clear Channel Outdoor Holdings, Inc. (CCO) halal to invest in?

Clear Channel Outdoor Holdings, Inc. (CCO) 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 Clear Channel Outdoor Holdings, Inc. get a F compliance rating?

Clear Channel Outdoor Holdings, Inc. (CCO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 416.0% (limit 30%); interest-bearing deposits of 15.5% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Clear Channel Outdoor Holdings, Inc.'s Shariah verdict?

Clear Channel Outdoor Holdings, Inc.'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 Clear Channel Outdoor Holdings, Inc. re-screened for Shariah compliance?

Clear Channel Outdoor Holdings, Inc. (CCO) 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: Jul 17, 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.