NYT
New York Times Co.
Is NYT Halal?
News media — financial ratios pass with disclosed investment income.
What You Should Know
The New York Times' March 31, 2026 filing reports no interest-bearing debt, liquidity/assets of 20.79%, receivables plus cash/assets of 14.74% and disclosed interest income and other net income of 1.58% of quarterly revenue. Journalism and subscriptions are generally permissible, while advertising, games, licensing and securities require review.
⚠️ Concerns
- •Advertising and sponsored content require review
- •Games, media content and licensing are scholar-dependent
- •Disclosed interest income is not a complete purification prescription
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
0 / 2,859.351
594.523 / 2,859.351
421.59 / 2,859.351
11.283 / 712.236
- Financial
- Pass
- Overall
- Incomplete
Debt is 0.00% of assets, liquidity is 20.79%, receivables plus cash are 14.74% and disclosed interest income is 1.58%; activity classification remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Examined financial ratios are below the total-assets limits; this is not an index-membership claim.
- Financial
- Pass
- Overall
- Incomplete
Examined financial ratios are below Malaysia SAC limits; this is not an official classification.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series is not stored.
Business-activity disclosure
The New York Times provides subscription journalism, advertising, games, wirecutter and licensing. Information services are generally permissible, while advertising, content, partnerships and investment holdings require qualitative review.
Limitation: The filing does not quantify a scholar-specific prohibited-revenue numerator; the disclosed income figure is a screen input, not a complete purification prescription.
Purification
The New York Times discloses $11.283 million of interest income and other net income but does not prescribe a scholar-approved purification percentage; no fixed amount is estimated.
Inputs, assumptions and primary sources
- Amounts are USD thousands converted to millions from The New York Times Company's March 31, 2026 Form 10-Q.
- No interest-bearing debt was reported; the revolving credit facility had no borrowings.
- Cash is $186.733 million and short-term marketable securities are $407.790 million.
- Accounts receivable are $234.857 million and quarterly revenue is $712.236 million; interest income and other, net, is $11.283 million.
- The filing does not allocate subscription, advertising or licensing revenue into a universal prohibited-activity 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.
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