NFLX
Netflix Inc.
Is NFLX Halal?
Streaming content — significant adult/haram content.
What You Should Know
Netflix streams shows and movies. Its March 2026 Form 10-Q reports $61,015.914 million of assets, $14,360.516 million of interest-bearing debt, $12,259.772 million of cash, $28.678 million of short-term investments and $12,249.757 million of quarterly revenue. Debt/assets is 23.54%, liquidity/assets is 20.14%, and disclosed interest income is 0.57% of revenue; Netflix's content library, advertising and programming mix remain qualitative concerns.
⚠️ Concerns
- •Adult entertainment content
- •LGBTQ+ themed content
- •Explicit violence/content
- •Content, advertising and live-programming mix requires scholar review
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
14,360.516 / 61,015.914
12,288.45 / 61,015.914
12,259.772 / 61,015.914
70 / 12,249.757
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 23.54%, liquidity/assets is 20.14% and receivables-plus-cash/assets is 20.09%; disclosed interest income is 0.57% of revenue. The activity screen remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets, liquidity/assets and receivables-plus-cash/assets are below the examined MSCI 33.33% limits; content and activity classification remain incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and liquidity/assets are below the examined Malaysia 33% limits; this is a calculation against SAC ratios, not an official classification.
- Financial
- Not calculated
- Overall
- Incomplete
A properly licensed and reproducible historical market-cap series is not stored; the financial ratios are shown on a total-assets basis and the activity screen remains incomplete.
Business-activity disclosure
Netflix provides subscription and advertising-supported entertainment, films, series, games and live programming. The platform's content and distribution model has material qualitative concerns under different scholarly approaches.
Limitation: The filing does not provide a universal prohibited-content or prohibited-revenue numerator across titles, advertising and live programming.
Purification
Netflix discloses $70 million of interest income, but does not disclose a complete prohibited-content revenue numerator; no definitive purification percentage is invented.
Inputs, assumptions and primary sources
- Amounts are USD millions from Netflix's March 31, 2026 Form 10-Q.
- Interest-bearing debt is $999.185 million of short-term debt plus $13,361.331 million of long-term debt.
- Cash and cash equivalents are $12,259.772 million; short-term investments are $28.678 million. Accounts receivable are not separately presented and are therefore not invented.
- Revenue is $12,249.757 million for the three months ended March 31, 2026.
- The filing identifies $70 million of interest income within interest and other income; the separate $2.8 billion WBD termination fee is not treated as interest income.
- Netflix's programming, advertising, live, gaming and content catalogue activities are not reduced to a universal prohibited-revenue numerator.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →