News Corp (Class A)

Halal Rating :
Comfortable
Last Price $27.7
Market Cap $15.73b
1D Change

1.26 %

1 Year Change

1.78 %

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

Upon reviewing News Corporation's revenue streams, the company primarily generates income from digital real estate services, subscription-based content, news media, and book publishing. These core business activities are halal-compliant as they involve the exchange of real products and services. While some advertising revenue may come from companies selling non-halal products, this represents indirect and incidental exposure rather than direct involvement in haram activities.

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%

Based on the financial data provided for the last four quarters, News Corporation shows zero interest income and zero interest expense across all periods. This indicates that interest-bearing activities are not a material part of the company's business model.

Operational Ethics

Pass

While News Corporation operates globally, there is no evidence of current material associations with the state of Israel or direct involvement with the Chinese Communist Party that would raise concerns from a halal investment perspective.

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