Is Madison Square Garden Entertainment Corp. (MSGE) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Leisure | ✗ NOT HALAL | |||
| DJIM | Excluded — Leisure | ✗ NOT HALAL | |||
| MSCI | Excluded — Leisure | ✗ NOT HALAL | |||
| S&P | Excluded — Leisure | ✗ NOT HALAL | |||
| FTSE | Excluded — Leisure | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 47.5% | |
| Operating Margin | 35.7% | |
| Net Margin | 5.1% | |
| Return on Equity (ROE) | 224.1% | |
| Return on Assets (ROA) | 5.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $115M |
| Free Cash Flow | $93M |
| Total Debt | $1.2B |
| Debt-to-Equity | 3319.6 |
| Current Ratio | 0.7 |
| Total Assets | $1.7B |
Price & Trading
| Last Close | $56.88 |
| 50-Day MA | $59.77 |
| 200-Day MA | $48.33 |
| Avg Volume | 343K |
| Beta | 0.4 |
|
52-Week Range
$28.29
| |
About Madison Square Garden Entertainment Corp. (MSGE)
Madison Square Garden Entertainment Corp., through its subsidiaries, engages in live entertainment business. The company produces, presents, and hosts live entertainment events, such as concerts, sporting events, family shows, family shows, performing arts events, and special events. It holds a portfolio of venues that include Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, and The Chicago Theatre. The company also owns and produces the original production, the Christmas Spectacular Starring the Radio City Rockettes. In addition, it engages in the entertainment and sports bookings business that showcase a range of concerts, family shows, and special events, as well as various sporting events. The company was formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York.
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Frequently Asked Questions
Is Madison Square Garden Entertainment Corp. (MSGE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Madison Square Garden Entertainment Corp. 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 Madison Square Garden Entertainment Corp.'s debt ratio?
Madison Square Garden Entertainment Corp.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Madison Square Garden Entertainment Corp.'s key financial metrics?
Madison Square Garden Entertainment Corp. has a market capitalization of $2.6B, trailing P/E ratio of 51.1, and revenue of $943M. The company maintains a gross margin of 47.5% and a net margin of 5.1%. Return on equity stands at 224.1%.
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.