What is Formula One Group's Shariah compliance score?

Formula One Group (FWONA) has a Shariah compliance score of 62/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Formula One Group pass AAOIFI screening?

Formula One Group (FWONA) passes 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% (FWONA: 23.0%), (3) interest-bearing deposits below 30% (FWONA: 4.8%), and (4) prohibited income below 5% (FWONA: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Formula One Group stock?

Formula One Group (FWONA) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from FWONA 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 Formula One Group for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Formula One Group (FWONA) 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 FWONA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

FWONA: Is Formula One Group Halal?

Formula One Group

NASDAQCommunication ServicesUS

$88.36

-0.79%

Market Cap: 22.1B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Acceptable

62Score

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 62/100 (Grade: B).

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%.

23.0% of 30.0% limit

What this means for you

You can own FWONA

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

Purify 3% of your income from FWONA

That is about $3.00 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

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 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.

•Entertainment: 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

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: Q1 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 23.0% (limit 30%); interest-bearing deposits of 4.8% (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 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: 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.