PARA
Paramount Global
Is PARA Halal?
Media company — produces haram entertainment content.
What You Should Know
Paramount's June 2025 filing reports $44,926 million of assets, $14,514 million of debt, $2,739 million of cash and $6,849 million of quarterly revenue. The examined financial ratios pass, but content activity remains incomplete and the filing states the PARA listing would cease after the Skydance transaction; this is not a current standalone-security recommendation.
⚠️ Concerns
- •Paramount/Skydance transaction and historical PARA listing
- •Entertainment production and distribution content
- •MTV, Showtime, BET and streaming catalog review
- •Prohibited-content revenue is not separately quantified
- •Disclosed interest income is 0.47% of quarterly revenue
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2025-06-30; calculated 2026-07-15.
14,514 / 44,926
2,739 / 44,926
9,030 / 44,926
32 / 6,849
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 32.31%, liquidity/assets is 6.10%, receivables-plus-cash/assets is 20.10% and interest income is 0.47% of quarterly revenue; the examined financial ratios pass, but the business and current-security status remain incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 32.31%, liquidity/assets is 6.10% and receivables-plus-cash/assets is 20.10%, below the examined total-assets limits; activity and successor-security questions remain unresolved.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 32.31% and liquidity/assets is 6.10%, below the examined Malaysia limits; this is a historical calculation, not an official current classification.
- Financial
- Not calculated
- Overall
- Not calculated
A licensed historical market-cap series is not stored, and PARA was scheduled to cease being a standalone listing after the Skydance transaction.
Business-activity disclosure
Paramount's television, streaming, film and news businesses include permissible media distribution but also content categories that many scholars may regard as impermissible. The activity conclusion is therefore qualitative and incomplete rather than a quantified prohibited-revenue claim.
Limitation: The filing does not provide a reproducible prohibited-content or prohibited-revenue numerator. It also states that the PARA listing would cease after the Skydance transaction, so this is not a current standalone-security recommendation.
Purification
Interest income is disclosed at $32 million, but no scholar-approved purification percentage is calculated and PARA is historical after the transaction.
Inputs, assumptions and primary sources
- Amounts are USD millions from Paramount Global's June 30, 2025 Form 10-Q, the last filing before the Skydance transaction closed.
- Debt combines $346 million of current debt and $14,168 million of long-term debt.
- Cash is $2,739 million; the filing does not identify a separate interest-bearing securities balance; receivables are $6,291 million.
- Quarterly revenue is $6,849 million and disclosed interest income is $32 million.
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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