Is Mediaco Holding, Inc. MDIA stock halal to invest in?

No, as of August 2026, Mediaco Holding, Inc. stock (MDIA) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Mediaco Holding, Inc. currently does not meet the threshold for the non-permissible income and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Mediaco Holding, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Mediaco Holding, Inc. MDIA reviewed for Shariah compliance?

Tabadulat reviews Mediaco Holding, Inc. MDIA for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Mediaco Holding, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Mediaco Holding, Inc. stock (MDIA) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Mediaco Holding, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Mediaco Holding, Inc. stock (MDIA) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Mediaco Holding, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Mediaco Holding, Inc. stock (MDIA) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Mediaco Holding, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Mediaco Holding, Inc. MDIA stock?

Mediaco Holding, Inc. (MDIA) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Mediaco Holding, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Mediaco Holding, Inc. stock (MDIA) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Mediaco Holding, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Mediaco Holding, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

MDIA

About

Mediaco Holding, Inc.

MDIA

Mediaco Holding Inc. is a communications and media company focused primarily on radio broadcasting and related digital content and services. It serves as a significant player in the media industry by owning and operating some of the major radio stations, particularly in large metropolitan areas. The company's radio stations cater to diverse audiences with a variety of formats, including news, talk shows, and music, serving to inform, entertain, and engage listeners. Mediaco seeks to leverage its extensive audience reach by integrating both traditional broadcasting with innovative digital platforms to meet the evolving needs of advertisers and consumers alike. By providing a multimedia approach, the company is able to offer comprehensive advertising solutions, tapping into both local and national markets. Mediaco Holding Inc.'s role in the financial market is highlighted by its contribution to the wider media landscape, addressing the changing dynamics of content consumption through its strategic fusion of radio and digital media, thus ensuring its relevance in an increasingly digital world.

Sector:

Communication Services

Industry:

Broadcasting

Employees:

407

Website:

https://mediacoholding.com

MDIA

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Mediaco Holding, Inc.

About

Mediaco Holding, Inc.

MDIA

Frequently asked questions

Is Mediaco Holding, Inc. MDIA stock halal to invest in?

How often is Mediaco Holding, Inc. MDIA reviewed for Shariah compliance?

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Non Permissible Income criteria?

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Interest Bearing Investments criteria?

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Mediaco Holding, Inc. MDIA stock?

Does Mediaco Holding, Inc. MDIA pass the AAOIFI Preference Share screen?

Can I buy Mediaco (MDIA) stock on Tabadulat?

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