
Is Seaport Entertainment (SEG) stock Halal?
Seaport Entertainment Group, Inc. (SEG) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the non-permissible income and interest-bearing investments screens. Tabadulat re-screens SEG monthly, and a stock can return to compliance when new financial reports change its ratios.
Seaport Entertainment operates as a multifaceted company within the entertainment industry. It focuses on delivering engaging experiences through a wide array of services, including film production, television programming, and digital media content. The company plays a significant role in creating and distributing entertainment products that appeal to a broad audience range, from children to adults, across global markets. Seaport Entertainment Group also explores strategic partnerships and collaborations to enhance its content reach and technological capabilities. Before any of that matters to a Muslim investor, one question comes first: is Seaport Entertainment stock Halal?
Is Seaport Entertainment Shariah compliant?
Real estate begins from a strong position in Shariah screening: buildings and land are permissible assets. What AAOIFI Shariah Standard No. 21 examines for Seaport Entertainment is the mortgage financing behind the portfolio, capped at 30% of market capitalisation, and whether tenant income includes impermissible sources beyond the 5% ceiling.
Does Seaport Entertainment pass the business activity test?
The activity screen is only part of the picture this month: Seaport Entertainment currently fails the non-permissible income and interest-bearing investments screens, so the overall verdict is not compliant regardless of the business itself. The watch item is the tenant roll: rental income from impermissible businesses counts against the 5% ceiling.
Is Seaport Entertainment's income Halal?
No. Seaport Entertainment'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 Seaport Entertainment meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed 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 REITs: Halal Real Estate for Muslim Investors



