Is Madison Square Garden Sports Corp. (MSGS) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 15.7% / 30% | 1.9% / 30% | 0.4% / 30% | 0.39% / 5% | ✓ HALAL |
| DJIM | 15.7% / 33% | 1.9% / 33% | 0.4% / 33% | 0.39% / 5% | ✓ HALAL |
| MSCI | 80.4% / 33% | 9.8% / 33% | 2.0% / 33% | 0.39% / 5% | ✗ NOT HALAL |
| S&P | 15.7% / 33% | 1.9% / 33% | 0.4% / 33% | 0.39% / 5% | ✓ HALAL |
| FTSE | 80.4% / 33% | 9.8% / 33% | 2.0% / 50% | 0.39% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 32.8% | |
| Operating Margin | 5.5% | |
| Net Margin | -1.5% | |
| Return on Assets (ROA) | 0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $92M |
| Free Cash Flow | $88M |
| Total Debt | $1.2B |
| Current Ratio | 0.5 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $314.93 |
| 50-Day MA | $303.27 |
| 200-Day MA | $239.09 |
| Avg Volume | 238K |
| Beta | 0.6 |
|
52-Week Range
$173.26
| |
About Madison Square Garden Sports Corp. (MSGS)
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. It also operates the Madison Square Garden Training Center, a professional sports team performance center in Greenburgh. The company was formerly known as The Madison Square Garden Company. Madison Square Garden Sports Corp. was incorporated in 2015 and is based in New York, New York.
Purification Calculator
As a halal stock with 0.39% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Madison Square Garden Sports Corp. (MSGS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Madison Square Garden Sports Corp. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Madison Square Garden Sports Corp.'s debt ratio?
Madison Square Garden Sports Corp.'s debt ratio is 15.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 80.4%.
Does Madison Square Garden Sports Corp. require dividend purification?
Yes, Madison Square Garden Sports Corp. has an impermissible income ratio of 0.39%, which means 0.39% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Madison Square Garden Sports Corp.'s key financial metrics?
Madison Square Garden Sports Corp. has a market capitalization of $7.5B, and revenue of $1.0B. The company maintains a gross margin of 32.8% and a net margin of -1.5%.
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.