Is Warner Bros. Discovery (WBD) Halal?

NYSE Communication Services United States $67.9B
✗ NOT HALAL
Confidence: 90/100
Warner Bros. Discovery (WBD) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 57.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Warner Bros. Discovery operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 57.0%
/ 30%
7.7%
/ 30%
8.5%
/ 30%
0.53%
/ 5%
✗ NOT HALAL
DJIM 57.0%
/ 33%
7.7%
/ 33%
8.5%
/ 33%
0.53%
/ 5%
✗ NOT HALAL
MSCI 37.8%
/ 33%
5.1%
/ 33%
5.7%
/ 33%
0.53%
/ 5%
✗ NOT HALAL
S&P 57.0%
/ 33%
7.7%
/ 33%
8.5%
/ 33%
0.53%
/ 5%
✗ NOT HALAL
FTSE 37.8%
/ 33%
5.1%
/ 33%
5.7%
/ 50%
0.53%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
93.3
Forward: -1623.9
EPS
$0.29
P/B Ratio
1.9
EV/EBITDA
13.7
EV: $100.6B
Revenue
$37.3B
Growth: -5.7%
Beta
1.7
High volatility
Current Ratio
1.1

Profitability

Gross Margin 44.5%
Operating Margin 7.4%
Net Margin 1.9%
Return on Equity (ROE) 2.1%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$4.3B
Free Cash Flow$3.1B
Total Debt$32.6B
Debt-to-Equity98.9
Current Ratio1.1
Total Assets$100.1B

Price & Trading

Last Close$27.07
50-Day MA$27.92
200-Day MA$20.80
Avg Volume25.6M
Beta1.7
52-Week Range
$7.52
$30.00

About Warner Bros. Discovery (WBD)

CEO
Mr. David M. Zaslav
Employees
35,500
Sector
Communication Services
Industry
Entertainment
Country
United States
Exchange
NYSE
Market Cap
$67.9B
Currency
USD

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is involved in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal television, streaming services, and physical and digital home entertainment markets; related consumer products and themed experience licensing; and publishes, develops, licenses, and distributes content for the interactive space in platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles. The Global Linear Networks segment provides general and lifestyle entertainment networks, news networks; and hosts international media networks and global sports networks. In addition, the company offers a portfolio of content and products for television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products under the Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Games, Adult Swim, Turner Classic Movies, and other brands. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.

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Frequently Asked Questions

Is Warner Bros. Discovery (WBD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Warner Bros. Discovery 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 Warner Bros. Discovery's debt ratio?

Warner Bros. Discovery's debt ratio is 57.0% 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 37.8%.

What are Warner Bros. Discovery's key financial metrics?

Warner Bros. Discovery has a market capitalization of $67.9B, trailing P/E ratio of 93.3, and revenue of $37.3B. The company maintains a gross margin of 44.5% and a net margin of 1.9%. Return on equity stands at 2.1%.

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.