Is Paramount Global (PARA) halal? Not Halal. Based on AAOIFI screening, Paramount Global passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Paramount Global

PARA: Is Paramount Global Halal?

Not Halal

Paramount Global

NASDAQCommunication ServicesUS

$11.04

-6.04%

About Paramount Global

Paramount Global is a prominent global media and entertainment company with extensive operations. It is a major producer and distributor of content, curating diverse programming for the CBS Television Network. This includes everything from popular primetime comedies and dramas, reality series, and special events, to children's shows, daytime and late-night programs, and game shows. Furthermore, it supplies a wide array of news, public affairs, sports, and general entertainment broadcasts, alongside syndicated talk shows, court shows, and newsmagazines. Its reach extends to the ownership and management of 29 local broadcast television stations. The company also operates CBS Sports Network, a dedicated 24-hour cable channel for sports enthusiasts, and offers various streaming and cable subscription services. A cornerstone of its digital offerings is Paramount+, its flagship subscription video-on-demand (SVOD) and live streaming platform. Paramount Global develops and acquires programming tailored for diverse media outlets, spanning subscription cable networks, streaming platforms, and both premium and basic cable channels. Beyond its television and streaming endeavors, the company is also deeply involved in the motion picture industry, developing, producing, financing, acquiring, and distributing feature films. Founded in 1986 and headquartered in New York City, the entity now known as Paramount Global officially adopted its current name in February 2022, having previously operated as ViacomCBS Inc. It functions as a subsidiary under National Amusements, Inc.

Sector: Communication Services · Industry: Entertainment

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
F

Non-Compliant

Fails Shariah screening

0Score

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

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap232.2% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

7.0B

Price

$11.04

Sector

Communication Services

Industry

Entertainment

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

Free · No credit card required

Track PARA and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Paramount Global (PARA) halal to invest in?
Paramount Global (PARA) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Paramount Global get a F compliance rating?
Paramount Global (PARA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 232.2% (limit 30%); interest-bearing deposits of 46.8% (limit 30%); prohibited income of 0.51% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Paramount Global's Shariah verdict?
Paramount Global'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 Paramount Global re-screened for Shariah compliance?
Paramount Global (PARA) 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.