Does Paramount Skydance Corporation Class B Common Stock pass AAOIFI screening?

Paramount Skydance Corporation Class B Common Stock (PSKY) does not pass 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% (PSKY: 139.0%), (3) interest-bearing deposits below 30% (PSKY: 34.4%), and (4) prohibited income below 5% (PSKY: 0.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Paramount Skydance Corporation Class B Common Stock stock?

Paramount Skydance Corporation Class B Common Stock (PSKY) has a non-permissible income ratio of 0.53%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PSKY 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 Paramount Skydance Corporation Class B Common Stock for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Paramount Skydance Corporation Class B Common Stock (PSKY) 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 PSKY's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PSKY: Is Paramount Skydance Corporation Class B Common Stock Halal?

Paramount Skydance Corporation Class B Common Stock

NASDAQCommunication ServicesUS

$8.75

-4.27%

Market Cap: 9.5B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Paramount Skydance Corporation Class B Common Stock (PSKY) halal? Not Halal. Based on AAOIFI screening, Paramount Skydance Corporation Class B Common Stock passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

139.0% of 30.0% limit

What this means for you

Most scholars advise not holding PSKY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Paramount Skydance Corporation Class B Common Stock

Paramount Skydance Corporation functions as a worldwide leader in media, streaming, and entertainment. Its extensive operations are strategically divided into three core divisions: Television Media, Direct-to-Consumer platforms, and Filmed Entertainment. The Television Media division encompasses a vast array of broadcasting and cable properties. This includes the prominent domestic CBS Television Network and its local CBS Stations, alongside international free-to-air channels such as Network 10, Channel 5, Telefe, and Chilevisión. It also manages a suite of premium and basic cable channels within the U.S., featuring household names like Nickelodeon, MTV, CMT, Comedy Central, BET, Paramount+ with SHOWTIME, Paramount Network, The Smithsonian Channel, BET Media Group, and CBS Sports Network, many of which have international counterparts. Furthermore, this segment is responsible for domestic and international television production through studios like CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios. It also oversees CBS Media Ventures, a unit dedicated to producing and distributing original syndicated content, and manages digital news and sports platforms such as CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment focuses on delivering content directly to audiences through a diverse portfolio of both subscription and free streaming services, available both domestically and internationally. Key platforms include Paramount+, Pluto TV, and BET+. Paramount's Filmed Entertainment division is dedicated to creating and acquiring feature films, series, and shorter-form content. This content is then globally released and licensed across various mediums, such as cinematic distribution, streaming platforms, traditional television broadcasts, digital home entertainment, and physical formats like DVDs and Blu-rays. This segment boasts an impressive collection of studios, including Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. Beyond content creation, the company also offers comprehensive services in production, content distribution, and advertising. Originally known as ViacomCBS Inc., the company adopted the name Paramount Global in February 2022. Founded in 1914 and headquartered in New York, New York, Paramount Global is ultimately controlled by National Amusements, Inc. as a subsidiary.

Sector: Communication Services · Industry: Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$5.39

-5.11%

RDDTA+

Reddit, Inc.

$203.27

+1.16%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

METAA+

Meta Platforms, Inc.

$646.01

+1.70%

CHTA+

Chunghwa Telecom Co., Ltd.

$41.44

-0.10%

More Communication Services Stocks

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Frequently Asked Questions

Is Paramount Skydance Corporation Class B Common Stock (PSKY) halal to invest in?

Paramount Skydance Corporation Class B Common Stock (PSKY) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Paramount Skydance Corporation Class B Common Stock get a F compliance rating?

Paramount Skydance Corporation Class B Common Stock (PSKY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 139.0% (limit 30%); interest-bearing deposits of 34.4% (limit 30%); prohibited income of 0.53% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Paramount Skydance Corporation Class B Common Stock's Shariah verdict?

Paramount Skydance Corporation Class B Common Stock'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 Paramount Skydance Corporation Class B Common Stock re-screened for Shariah compliance?

Paramount Skydance Corporation Class B Common Stock (PSKY) 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 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.