Is News Corp (Class A) (NWSA) Halal?

NYSE Communication Services United States $14.0B
✓ HALAL
Confidence: 95/100
News Corp (Class A) (NWSA) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 20.8% against the AAOIFI threshold of 30%, News Corp (Class A) comfortably passes the key financial ratio tests. The company operates in the Communication Services sector (Entertainment), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 20.8%
/ 30%
17.0%
/ 30%
11.1%
/ 30%
0.43%
/ 5%
✓ HALAL
DJIM 20.8%
/ 33%
17.0%
/ 33%
11.1%
/ 33%
0.43%
/ 5%
✓ HALAL
MSCI 19.0%
/ 33%
15.5%
/ 33%
10.1%
/ 33%
0.43%
/ 5%
✓ HALAL
S&P 20.8%
/ 33%
17.0%
/ 33%
11.1%
/ 33%
0.43%
/ 5%
✓ HALAL
FTSE 19.0%
/ 33%
15.5%
/ 33%
10.1%
/ 50%
0.43%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
31.5
Forward: 19.5
EPS
$0.77
Dividend Yield
83.0%
Payout: 26.0%
P/B Ratio
1.5
EV/EBITDA
12.6
EV: $15.0B
Revenue
$8.5B
Growth: 5.5%
Beta
1.0
Average volatility
Current Ratio
1.8

Profitability

Gross Margin 56.7%
Operating Margin 17.1%
Net Margin 13.3%
Return on Equity (ROE) 6.3%
Return on Assets (ROA) 3.9%

Cash Flow & Balance Sheet

Operating Cash Flow$978M
Free Cash Flow$571M
Total Debt$2.9B
Debt-to-Equity30.9
Current Ratio1.8
Total Assets$15.5B

Price & Trading

Last Close$24.26
50-Day MA$24.49
200-Day MA$27.05
Avg Volume3.8M
Beta1.0
52-Week Range
$22.20
$31.61

About News Corp (Class A) (NWSA)

CEO
Mr. Robert J. Thomson
Employees
22,300
Sector
Communication Services
Industry
Entertainment
Country
United States
Exchange
NYSE
Market Cap
$14.0B
Currency
USD

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses. It operates through five segments: Digital Real Estate Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts under the MarketWatch, The Wall Street Journal, Barron's, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones Energy brands. It also owns and operates Monday to Friday, Saturday and Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; and operates Storyful, a social media content agency, as well as sports radio network and news channels. Further, it offers property and property-related advertising and services on its websites and mobile applications; digital real estate services; and financial services. The company has operations in the United States, Canada, Europe, Australasia, and internationally. News Corporation was incorporated in 2012 and is headquartered in New York, New York.

Purification Calculator

As a halal stock with 0.43% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is News Corp (Class A) (NWSA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), News Corp (Class A) 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 News Corp (Class A)'s debt ratio?

News Corp (Class A)'s debt ratio is 20.8% 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 19.0%.

Does News Corp (Class A) require dividend purification?

Yes, News Corp (Class A) has an impermissible income ratio of 0.43%, which means 0.43% 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 News Corp (Class A)'s key financial metrics?

News Corp (Class A) has a market capitalization of $14.0B, trailing P/E ratio of 31.5, and revenue of $8.5B. The company maintains a gross margin of 56.7% and a net margin of 13.3%. Return on equity stands at 6.3%.

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.