Is Netflix stock halal to invest in?

Company Name
Company Symbol
Exchange
Netflix
NFLX
NASDAQ
NFLX
Halal
Netflix
NASDAQ

Warning: The result may change based on other methodologies. As of the recent update on Sunday 5th of February 2023 , is considered as Halal based on FTSE methodology. To access full report and unlock the detailed results with associated ratios for 5 halal investment methodologies, you can click below.

Detailed report based on FTSE methodology

Activity filter

Main Activity
Activity test result
Broadcasting & Cable TV
PASS

Netflix

Netflix, Inc. is a provider of subscription streaming entertainment service. The Company has paid streaming memberships in over 190 countries and it allows members to watch a variety of television (TV) series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any Internet-connected screen. Members can play, pause and resume watching, without commercials. It offers a variety of streaming membership plans, the price of which varies by country and the features of the plan. Pricing on its plans ranges from $3 to $23 per month. Members can watch content from Netflix through any Internet-connected device that offers the Netflix application, including smart TVs, game consoles, streaming media players, set-top boxes, smartphones and tablets. The Company acquires, licenses and produces content, including original programing.

Financial filter

Debt test

Total Debt
Interest free debt
Adjusted debt level
Total Asset
Debt Ratio
PASS or FAIL
$16,931,503,260
0
$16,931,503,260
$48,594,770,000
34.84%
FAIL

Cash test

Cash
Cash Eq.
Short Term Investment
Total Asset
Cash & Eq. ratio
PASS or FAIL
$4,568,720,000
$5,147,180,000
$911,280,000
$48,594,770,000
12.47%
PASS

Acid test

Cash
Cash Eq.
Net Accounts Receivables
Total Asset
Quick ratio
PASS or FAIL
$4,568,720,000
$5,147,180,000
$875,040,000
$48,594,770,000
21.79%
PASS

Non permissible income filter

Net Interest Income (Expense) as non-Operating

Total Non permissible and doubtful income
Total revenue
Non permissible and doubtful income ratio
PASS or FAIL
$8,070,000
$7,852,050,000
0.1%
PASS