Is Angel Studios, Inc. (ANGX) halal? Halal. Based on AAOIFI screening, Angel Studios, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 58/100 (Grade: C+).

Angel Studios, Inc.

ANGX: Is Angel Studios, Inc. Halal?

Halal

Angel Studios, Inc.

NYSECommunication ServicesUS

$2.86

+2.51%

Purify ~5.4% of income

About Angel Studios, Inc.

Angel Studios, Inc. produce and distribute films and television shows by creators through its streaming platform. The company's platform allows users to watch movies, shows, and documentaries for all ages. In addition, the company sells physical media, such as DVD, Blu-ray discs, and various books online; and provides content licensing services. The platform allows fans to invest in and promote productions, fostering a community-driven approach to content creation. Angel Studios, Inc. was formerly known as VidAngel, Inc. and changed its name to Angel Studios, Inc. in March 2021. The company was founded in 2013 and is based in Provo, Utah.

Sector: Communication Services · Industry: Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
C+

Fair

Some financial ratios approaching limits

58Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • •Entertainment: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap9.0% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your ANGX Dividends

2.4% non-compliant income

ANGX has 2.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

460.9M

Price

$2.86

Sector

Communication Services

Industry

Entertainment

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Frequently Asked Questions

Is Angel Studios, Inc. (ANGX) halal to invest in?
Based on AAOIFI Standard 21 screening, Angel Studios, Inc. (ANGX) is rated Halal with a compliance grade of C+ (Fair). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Angel Studios, Inc. get a C+ compliance rating?
Angel Studios, Inc. (ANGX) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 9.0% (limit 30%); interest-bearing deposits of 8.7% (limit 30%); prohibited income of 2.37% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Angel Studios, Inc.'s Shariah verdict?
Angel Studios, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Angel Studios, Inc. re-screened for Shariah compliance?
Angel Studios, Inc. (ANGX) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.