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 69/100 (Grade: B).
MSGE — Is Madison Square Garden Entertainment Corp. Halal?
HalalMadison Square Garden Entertainment Corp.
$72.08
-0.37%
About Madison Square Garden Entertainment Corp.
Madison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was founded in 2006 and is based in New York, New York.
Sector: Communication Services · Industry: Entertainment
Shariah Compliance Status
Based on AAOIFI screening standards
Acceptable
Acceptable but room for improvement
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
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.
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Purify Your MSGE Dividends
0.2% non-compliant incomeMSGE has 0.2% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
3.4B
Price
$72.08
Sector
Communication Services
Industry
Entertainment
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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.