What is Sphere Entertainment Co.'s Shariah compliance score?

Sphere Entertainment Co. (SPHR) has a Shariah compliance score of 58/100 (Grade: C+, Fair) 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 Sphere Entertainment Co. pass AAOIFI screening?

Sphere Entertainment Co. (SPHR) 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% (SPHR: 13.6%), (3) interest-bearing deposits below 30% (SPHR: 10.2%), and (4) prohibited income below 5% (SPHR: 1.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Sphere Entertainment Co. stock?

Sphere Entertainment Co. (SPHR) has a non-permissible income ratio of 1.38%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SPHR 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 Sphere Entertainment Co. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Sphere Entertainment Co. (SPHR) 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 SPHR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SPHR: Is Sphere Entertainment Co. Halal?

Sphere Entertainment Co.

NYSECommunication ServicesUS

$138.54

-3.40%

Market Cap: 5.0B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

C+

Fair

58Score

Is Sphere Entertainment Co. (SPHR) halal? Halal. Based on AAOIFI screening, Sphere Entertainment Co. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 58/100 (Grade: C+).

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%.

13.6% of 30.0% limit

What this means for you

You can own SPHR

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

Purify 4.4% of your income from SPHR

That is about $4.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Sphere Entertainment Co.

Sphere Entertainment Co. is a prominent player in the entertainment sector, specializing in orchestrating, staging, and hosting a diverse array of live events. This encompasses musical concerts, family-oriented productions, and unique special occasions, alongside a variety of athletic competitions. Its sports programming includes professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports tournaments, and wrestling matches. These events are primarily hosted across its esteemed venues such as The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City, as well as The Chicago Theatre. Furthermore, Sphere Entertainment manages a substantial network of 70 entertainment, dining, and nightlife establishments, which are distributed across 20 global markets on five continents under renowned brands like Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia. The company also oversees the creation and operation of a leading music festival in New England. A highlight of its offerings is the iconic Radio City Rockettes, who are central to the celebrated Christmas Spectacular held annually at Radio City Music Hall. Previously known as Madison Square Garden Entertainment Corp., the organization adopted its current name, Sphere Entertainment Co., in April 2023. Established in 2006, the company maintains its headquarters 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

Halalnow
since Jun 2026
Not Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Sphere Entertainment Co. (SPHR) halal to invest in?

Based on AAOIFI Standard 21 screening, Sphere Entertainment Co. (SPHR) is rated Halal with a compliance grade of C+ (Fair). 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 Sphere Entertainment Co. get a C+ compliance rating?

Sphere Entertainment Co. (SPHR) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.6% (limit 30%); interest-bearing deposits of 10.2% (limit 30%); prohibited income of 1.38% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Sphere Entertainment Co.'s Shariah verdict?

Sphere Entertainment Co.'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 Sphere Entertainment Co. re-screened for Shariah compliance?

Sphere Entertainment Co. (SPHR) 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.