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

Madison Square Garden Sports Corp. (MSGS) has a Shariah compliance score of 80/100 (Grade: A, Very Good). 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 Madison Square Garden Sports Corp. pass AAOIFI screening?

Madison Square Garden Sports Corp. (MSGS) is rated Doubtful under AAOIFI Shariah screening, which is neither a clear pass nor a clear fail. 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%. MSGS's debt-to-market-cap is 2.7%.

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

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 Madison Square Garden Sports Corp. (MSGS) using the latest financial data.

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

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Madison Square Garden Sports Corp. (MSGS) 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.

MSGSDoubtfulA

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Compliance Status

Doubtful

Screened on Oct 18, 2026 · AAOIFI Standard 21

Very Good

80Score

Is Madison Square Garden Sports Corp. (MSGS) halal? Doubtful. Based on AAOIFI screening, Madison Square Garden Sports Corp. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 80/100 (Grade: A).

Quote this verdict

HalalScreener rates Madison Square Garden Sports Corp. (MSGS) Doubtful, 80/100, grade A under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/MSGS

AvoidBorderlineClean

Business activity

Its main business is permissible, with some incidental non-compliant revenue.

Passed

Company debt

Well clear of the limit

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

2.7% 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 may own MSGS, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

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

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MSGS: Is Madison Square Garden Sports Corp. Halal?

Madison Square Garden Sports Corp.

NYSECommunication ServicesUS

$396.10

Market Cap: 9.5B

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About Madison Square Garden Sports Corp.

Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. It also operates the Madison Square Garden Training Center, a professional sports team performance center in Greenburgh. The company was formerly known as The Madison Square Garden Company. Madison Square Garden Sports Corp. was incorporated in 2015 and is based in New York, New York.

Sector: Communication Services · Industry: Entertainment

Why This Stock Is Doubtful

Business activity: the company's own filing confirms revenue from an activity AAOIFI treats as prohibited but does not disclose its share, so it cannot be shown to be under the 5% limit.

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 18, 2026

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Business Activity Screen

Share not disclosed

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

Prohibited revenue confirmed, share not disclosed

3.0%

The company's own filing names this revenue but does not say how large it is, so it cannot be shown to be under the AAOIFI 5% limit. The verdict stays Doubtful until the company discloses a figure. The percentage shown is an estimate for purification only.

•Shares in alcohol sales at the arena where its teams play; the share of revenue is not disclosed

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Source: the company's Form 10-K for the fiscal year ended 2026-06-30, which names this revenue without a figure. View its filings on SEC EDGAR

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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

Compliance History

Doubtfulnow
since Sep 2026
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 Sports Corp. (MSGS) halal to invest in?

Madison Square Garden Sports Corp. (MSGS) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Madison Square Garden Sports Corp. get a A compliance rating?

Madison Square Garden Sports Corp. (MSGS) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

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

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

Madison Square Garden Sports Corp. (MSGS) 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 18, 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.