What is Warner Music Group Corp.'s Shariah compliance score?

Warner Music Group Corp.'s (WMG) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Warner Music Group Corp. pass AAOIFI screening?

Warner Music Group Corp. (WMG) 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% (WMG: 32.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Warner Music Group Corp. stock?

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 exact percentage and amount for Warner Music Group Corp. (WMG) using the latest financial data.

Where can I screen Warner Music Group Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Warner Music Group Corp. (WMG) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about WMG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

WMG: Is Warner Music Group Corp. Halal?

Warner Music Group Corp.

NASDAQCommunication ServicesUS

$25.80

+2.79%

Market Cap: 13.5B

Compliance Status

Not Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Warner Music Group Corp. (WMG) halal? Not Halal. Based on AAOIFI screening, Warner Music Group Corp. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Warner Music Group Corp. (WMG) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/WMG

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%.

32.2% of 30.0% limit

What this means for you

Most scholars advise not holding WMG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Warner Music Group Corp.

Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.

Sector: Communication Services · Industry: Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 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 Halalnow
since Aug 2026
Doubtful
until the change above
Not Halal
until the change above
Doubtful
until the change above

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

Fiscal: Q3 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:

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Globalstar, Inc.

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Frequently Asked Questions

Is Warner Music Group Corp. (WMG) halal to invest in?

Warner Music Group Corp. (WMG) 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 Warner Music Group Corp. get a F compliance rating?

Warner Music Group Corp. (WMG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 32.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Warner Music Group Corp.'s Shariah verdict?

Warner Music Group 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 Warner Music Group Corp. re-screened for Shariah compliance?

Warner Music Group Corp. (WMG) 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: Aug 31, 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.