Madison Square Garden Sports Corp.

MSGS: Is Madison Square Garden Sports Corp. Halal?

Madison Square Garden Sports Corp.

NYSECommunication ServicesUS

$387.41

-0.67%

Market Cap: 9.3B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A

Very Good

80Score

Is Madison Square Garden Sports Corp. (MSGS) halal? Halal. Based on AAOIFI screening, Madison Square Garden Sports Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

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%.

2.9% of 30.0% limit

What this means for you

You can own MSGS

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

Purify 3.3% of your income from MSGS

That is about $3.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

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

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

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Madison Square Garden Sports Corp. (MSGS) halal to invest in?
Based on AAOIFI Standard 21 screening, Madison Square Garden Sports Corp. (MSGS) is rated Halal with a compliance grade of A (Very Good). 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 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 2.9% (limit 30%); interest-bearing deposits of 1.0% (limit 30%); prohibited income of 0.31% (limit 5%). 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: 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.