Is Walt Disney (DIS) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Not settled. Walt Disney (DIS) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. Its annual report says it sells gambling, but doesn’t report how much of its revenue that is. We show this as Needs Review rather than guess. Last checked 7 October 2026.
Walt Disney needs further review under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 23.16% | Pass |
| Cash and interest-bearing investments | 30% | 7.57% | Pass |
| Prohibited income | 5% | — | Review |
| Not just cash and debts | 90% | 13.67% | Pass |
Key Findings & Observations
- Its annual report says it sells gambling, but doesn’t report how much of its revenue that is.Source: https://www.sec.gov/Archives/edgar/data/1744489/000174448925000155/dis-20250927.htm
- The prohibited income test couldn’t be settled: The share of revenue from gambling isn’t reported.Source: AAOIFI Shari'ah Standard 21
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Frequently Asked Questions about The Walt Disney Company (DIS)
Is Walt Disney (DIS) stock halal?▾
Not settled. Walt Disney (DIS) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. Its annual report says it sells gambling, but doesn’t report how much of its revenue that is. We show this as Needs Review rather than guess. Last checked 7 October 2026.
What is Walt Disney's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Walt Disney's ratio is about 23.2%.
How much dividend purification is required for Walt Disney (DIS) stock?▾
No purification is required for Walt Disney based on its latest annual report.
Does Walt Disney operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Walt Disney's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
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