What is Madison Square Garden Entertainment Corp.'s Shariah compliance score?

Madison Square Garden Entertainment Corp. (MSGE) has a Shariah compliance score of 63/100 (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 Madison Square Garden Entertainment Corp. pass AAOIFI screening?

Madison Square Garden Entertainment Corp. (MSGE) 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% (MSGE: 14.7%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Madison Square Garden Entertainment Corp. stock?

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 exact percentage and amount for Madison Square Garden Entertainment Corp. (MSGE) using the latest financial data.

Where can I screen Madison Square Garden Entertainment Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Madison Square Garden Entertainment Corp. (MSGE) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MSGE's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MSGE: Is Madison Square Garden Entertainment Corp. Halal?

Madison Square Garden Entertainment Corp.

NYSECommunication ServicesUS

$77.69

-0.78%

Market Cap: 3.7B

Compliance Status

Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

Acceptable

63Score

Is Madison Square Garden Entertainment Corp. (MSGE) halal? Halal. Based on AAOIFI screening, Madison Square Garden Entertainment Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 63/100 (Grade: B).

Quote this verdict

HalalScreener rates Madison Square Garden Entertainment Corp. (MSGE) Halal, 63/100, grade B under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/MSGE

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

14.7% of 30.0% limit

What this means for you

You can own MSGE

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

Purification amount is Pro

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

About Madison Square Garden Entertainment Corp.

Madison Square Garden Entertainment Corp., founded in New York, New York, in 2006, operates within the entertainment sector. The company specializes in producing, presenting, and hosting a diverse array of live events. This includes concerts, family-oriented shows, and various special events, as well as sporting competitions such as professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports, and wrestling. These events are staged across its portfolio of iconic venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City, alongside The Chicago Theatre. Beyond live performances, MSG Entertainment manages a significant hospitality division, overseeing 70 entertainment dining and nightlife venues under brands like Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia, spanning 20 markets across five continents. The company also organizes New England's leading music festival and proudly features the renowned Radio City Rockettes, who are the stars of its annual Christmas Spectacular at Radio City Music Hall.

Sector: Communication Services · Industry: Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 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
Not Halal
until the change above

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

Fiscal: FY 2026Data source: EDGAR

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Frequently Asked Questions

Is Madison Square Garden Entertainment Corp. (MSGE) halal to invest in?

Based on AAOIFI Standard 21 screening, Madison Square Garden Entertainment Corp. (MSGE) 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 Madison Square Garden Entertainment Corp. get a B compliance rating?

Madison Square Garden Entertainment Corp. (MSGE) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 14.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Madison Square Garden Entertainment Corp.'s Shariah verdict?

Madison Square Garden Entertainment 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 Madison Square Garden Entertainment Corp. re-screened for Shariah compliance?

Madison Square Garden Entertainment Corp. (MSGE) 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: Sep 1, 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.