Is Versant Media Group, Inc. Class A (VSNT) halal? Halal. Based on AAOIFI screening, Versant Media Group, Inc. Class A passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 70/100 (Grade: B+).

Versant Media Group, Inc. Class A

VSNT: Is Versant Media Group, Inc. Class A Halal?

Halal

Versant Media Group, Inc. Class A

NASDAQIndustrialsUS

$40.19

-0.07%

Purify ~3% of income

About Versant Media Group, Inc. Class A

Versant Media Group, Inc. operates as an industry media and entertainment business that operates in four core markets: political news and opinion, business news and personal finance, golf and athletics participation and sports and genre entertainment. It also serves on markets primarily through a strong portfolio of brands comprised of renowned networks and complementary digital platforms. The company was founded on May 1, 2025 and is headquartered in Englewood Cliffs, NJ.

Sector: Industrials · Industry: Advertising Agencies

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 15, 2026
B+

Good

Good compliance with minor concerns

70Score

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.

  • •Advertising Agencies: 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 Cap17.1% / 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 15, 2026Fiscal: Q1 2026Source: EDGAR

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Financial Overview

Market Cap

5.7B

Price

$40.19

Sector

Industrials

Industry

Advertising Agencies

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Frequently Asked Questions

Is Versant Media Group, Inc. Class A (VSNT) halal to invest in?
Based on AAOIFI Standard 21 screening, Versant Media Group, Inc. Class A (VSNT) is rated Halal with a compliance grade of B+ (Good). 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 Versant Media Group, Inc. Class A get a B+ compliance rating?
Versant Media Group, Inc. Class A (VSNT) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.1% (limit 30%); interest-bearing deposits of 1.0% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Versant Media Group, Inc. Class A's Shariah verdict?
Versant Media Group, Inc. Class A'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 Versant Media Group, Inc. Class A re-screened for Shariah compliance?
Versant Media Group, Inc. Class A (VSNT) 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 15, 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.