Is DraftKings Inc. (DKNG) Halal?

NASDAQ Consumer Cyclical United States $10.3B
✗ NOT HALAL
Confidence: 95/100
DraftKings Inc. (DKNG) is Not Halal under AAOIFI Standard 21 due to its classification in the Gambling industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Gambling ✗ NOT HALAL
DJIM Excluded — Gambling ✗ NOT HALAL
MSCI Excluded — Gambling ✗ NOT HALAL
S&P Excluded — Gambling ✗ NOT HALAL
FTSE Excluded — Gambling ✗ NOT HALAL

Financial Highlights

EPS
$-0.01
P/B Ratio
16.2
EV/EBITDA
40.2
EV: $11.0B
Revenue
$6.1B
Growth: 42.8%
Beta
1.7
High volatility
Current Ratio
1.0

Profitability

Gross Margin 76.1%
Operating Margin 8.3%
Net Margin 0.1%
Return on Equity (ROE) 0.5%
Return on Assets (ROA) -0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$663M
Free Cash Flow$508M
Total Debt$1.9B
Debt-to-Equity299.3
Current Ratio1.0
Total Assets$4.5B

Price & Trading

Last Close$21.27
50-Day MA$25.88
200-Day MA$35.38
Avg Volume14.9M
Beta1.7
52-Week Range
$20.53
$48.78

About DraftKings Inc. (DKNG)

CEO
Mr. Jason D. Robins
Employees
5,500
Sector
Consumer Cyclical
Industry
Gambling
Country
United States
Exchange
NASDAQ
Market Cap
$10.3B
Currency
USD

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

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Frequently Asked Questions

Is DraftKings Inc. (DKNG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DraftKings Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is DraftKings Inc.'s debt ratio?

DraftKings Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are DraftKings Inc.'s key financial metrics?

DraftKings Inc. has a market capitalization of $10.3B, and revenue of $6.1B. The company maintains a gross margin of 76.1% and a net margin of 0.1%. Return on equity stands at 0.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.