
Is Comcast (CMCSA) stock Halal?
September 2026 AAOIFI screening result for Comcast Corp. (CMCSA): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Comcast Corp. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Comcast is a multinational telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the largest American cable television company and a dominant player in the global media and entertainment industry. Comcast primarily operates through three key segments: Cable Communications, NBCUniversal, and Sky Group. Cable Communications provides broadband, video, voice, and wireless services to residential customers and businesses. NBCUniversal oversees a diverse portfolio of television networks, film studios, theme parks, and streaming services like Peacock. Before any of that matters to a Muslim investor, one question comes first: is Comcast stock Halal?
Is Comcast Shariah compliant?
For a communications operator like Comcast, AAOIFI Shariah Standard No. 21 has little quarrel with the service itself; the scrutiny falls on how the network is financed. Towers, spectrum and satellites are typically funded with debt, which the standard tolerates only below 30% of market capitalisation, a ratio that moves with the share price.
Does Comcast pass the business activity test?
The activity screen is only part of the picture this month: Comcast currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The service itself, carrying calls and data, raises no Shariah objection; the scrutiny belongs to the debt financed network behind it.
Is Comcast's income Halal?
No. Comcast's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Comcast meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



