News Corp (Class B)

Halal Rating :
Comfortable
Last Price $32.6
Market Cap $15.89b
1D Change

-1.05 %

1 Year Change

17.25 %

Next Earnings Date

Yet to be announced

Company Overview

News Corporation focuses on creating and distributing content for consumers and businesses. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers.

Revenue Sources

Pass

Based on News Corporation's revenue segments, their primary income streams come from digital real estate services, subscription video services, news media, and book publishing. These core business activities are halal-compliant as they involve the exchange of legitimate products and services. There is no indication that more than 2.5% of their revenue comes from haram sources.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Dec. 31, 2024 $2.24b $1.89b - - 0.00% 0.00%
Sept. 30, 2024 $2.58b $2.38b - - 0.00% 0.00%
June 30, 2024 $2.58b $2.44b - - 0.00% 0.00%
March 31, 2024 $2.42b $2.33b - - 0.00% 0.00%

Analyzing the financial data for the past four quarters, News Corporation shows zero interest income and zero interest expense in their financial statements. This indicates that interest-based activities are not a material part of their business model.

Operational Ethics

Pass

While News Corporation operates globally, there is no evidence of current substantial ties or ongoing projects with the state of Israel or direct involvement with the Chinese Communist Party that would raise concerns from a human rights perspective.

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