What is Formula One Group's Shariah compliance score?

Formula One Group (FWONA) has a Shariah compliance score of 64/100 (Grade: B, Acceptable). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Formula One Group pass AAOIFI screening?

Formula One Group (FWONA) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. FWONA's debt-to-market-cap is 23.6%.

How much purification is needed for Formula One Group?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Formula One Group (FWONA) using the latest financial data.

Where can I screen Formula One Group for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Formula One Group (FWONA) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

FWONAHalalB

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Compliance Status

Halal

Screened on Oct 17, 2026 · AAOIFI Standard 21

Acceptable

64Score

Is Formula One Group (FWONA) halal? Halal. Based on AAOIFI screening, Formula One Group passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 64/100 (Grade: B).

Quote this verdict

HalalScreener rates Formula One Group (FWONA) Halal, 64/100, grade B under AAOIFI Standard 21, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/FWONA

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

23.6% of 30.0% limit

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You can own FWONA

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened FWONA's prohibited income, but the exact share you would need to purify is part of Pro.

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FWONA: Is Formula One Group Halal?

Formula One Group

NASDAQCommunication ServicesUS

$83.18

Market Cap: 20.8B

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About Formula One Group

Formula One Group is involved in the motorsports industry, conducting business both in the United States and globally. Its primary function is holding the commercial rights to the Formula One World Championship, an extensive motor racing series that unfolds over approximately nine months each year. In this competition, teams contend for the constructors' championship, while individual drivers vie for the drivers' championship. The company was founded in 1950 and maintains its headquarters in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

Sector: Communication Services · Industry: Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 17, 2026

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Business Activity Screen

Passed

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

Source: the company's Form 10-K for the fiscal year ended 2025-12-31, which names no revenue from a prohibited activity. View its filings on SEC EDGAR

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

Halalnow
since Jun 2026
Doubtful
until the change above
Not Halal
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Formula One Group (FWONA) halal to invest in?

Based on AAOIFI Standard 21 screening, Formula One Group (FWONA) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Formula One Group get a B compliance rating?

Formula One Group (FWONA) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Formula One Group's Shariah verdict?

Formula One Group'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 Formula One Group re-screened for Shariah compliance?

Formula One Group (FWONA) 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: Oct 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.