DraftKings Inc.

DKNG: Is DraftKings Inc. Halal?

DraftKings Inc.

NASDAQConsumer CyclicalUS

$25.70

+11.26%

Market Cap: 12.8B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is DraftKings Inc. (DKNG) halal? Not Halal. Based on AAOIFI screening, DraftKings Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Within the limit

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

15.0% of 30.0% limit

What this means for you

Most scholars advise not holding DKNG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About DraftKings Inc.

DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.

Sector: Consumer Cyclical · Industry: Gambling, Resorts & Casinos

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Business Activity Screen

Failed

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

  • Prohibited activity detected: gambling
  • Prohibited activity detected: casino
  • Prohibited activity detected: betting

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 Consumer Cyclical

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

Marriott International, Inc.
MARA+

Marriott International, Inc.

$366.24

-0.85%

Forward Industries, Inc.
FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

Rollins, Inc.
ROLA+

Rollins, Inc.

$44.77

-0.40%

Tractor Supply Company
TSCOA+

Tractor Supply Company

$30.24

+1.65%

Gentex Corporation
GNTXA+

Gentex Corporation

$24.35

-2.25%

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Frequently Asked Questions

Is DraftKings Inc. (DKNG) halal to invest in?
DraftKings Inc. (DKNG) 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 DraftKings Inc. get a F compliance rating?
DraftKings Inc. (DKNG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 15.0% (limit 30%); interest-bearing deposits of 9.0% (limit 30%); prohibited income of 1.02% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change DraftKings Inc.'s Shariah verdict?
DraftKings 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 DraftKings Inc. re-screened for Shariah compliance?
DraftKings Inc. (DKNG) 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 20, 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.