Canadian Halal Investor.

NASDAQ Shariah screener · October 2026

Is Comcast Corporation (CMCSA) Halal?

FAIL

Comcast Corporation · NASDAQ: CMCSA · Telecom

The short answer

No - Comcast Corporation (CMCSA) fails this Shariah stock screen on the debt gate. Comcast, headquartered in Philadelphia, Pennsylvania, is a global media and technology company with two divisions: Connectivity & Platforms (Xfinity residential broadband, wireless, video and voice; Sky connectivity in Europe; business services) and Content & Experiences (NBCUniversal - NBC and Telemundo broadcast networks, film and television studios, Peacock streaming, theme parks; Sky). On January 2, 2026 it completed the tax-free separation of its cable networks into Versant Media Group. Per its Q2 2026 10-Q, total debt of $90,381M is about 117.44% of its ~$76.96B market cap (3,546,403,872 shares outstanding at $21.70, October 1, 2026) - far above the ~33% ceiling. Gross interest income is not separately disclosed in its filings, so the income gate is not verifiable. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.

Gate 1 — Business activity: PASS

Comcast Corporation (NASDAQ: CMCSA), headquartered in Philadelphia, Pennsylvania, is a global media and technology company reporting in two divisions: Connectivity & Platforms (Residential Connectivity & Platforms - Xfinity broadband, wireless, video and voice in the US, Sky connectivity in Europe; Business Services Connectivity) and Content & Experiences (NBCUniversal - the NBC and Telemundo broadcast networks, film and television studios, the Peacock streaming service, and theme parks; Sky). On January 2, 2026 Comcast completed the tax-free separation of its domestic cable networks into Versant Media Group; in June 2026 it announced a planned tax-free spin-off of NBCUniversal and Sky, targeted for mid-2027. Business-screen implication (factual): no reportable segment involves gambling, weapons, pork, or conventional finance, and NBCUniversal is a mainstream content business, not an adult-entertainment business. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: FAIL

Per Comcast's Q2 2026 Form 10-Q (period ended June 30, 2026; filed July 23, 2026; SEC CIK 1166691), total debt was $90,381M - current portion of debt $6,117M + noncurrent portion of debt $84,264M (condensed consolidated balance sheet, in millions). Shares outstanding were 3,536,959,497 Class A + 9,444,375 Class B = 3,546,403,872. At $21.70 (October 1, 2026, per Finnhub), market cap is about $76.96B. Debt / market cap is about 117.44% - far above the ~33% ceiling. Cash and cash equivalents of $7,661M is about 9.95% of market cap (the screen uses gross debt). Gate 2 fails. Facts only.

Gate 3 — Non-compliant income: NOT VERIFIABLE

Comcast does not separately disclose gross interest income - its income statements report only 'Interest expense' (H1 2026: $2,146M) and 'Investment and other income (loss), net', with no interest-income line. Zoya likewise reports no separate interest income disclosed ($0) against FY2025 revenue of $123,707M. No verifiable interest-income ratio exists, so this gate cannot be confirmed either way. The screen already fails on the debt gate. Facts only.

Key figures used

Frequently asked questions

What does Comcast do?

Comcast Corporation (NASDAQ: CMCSA), headquartered in Philadelphia, Pennsylvania, is a global media and technology company reporting in two divisions. Connectivity & Platforms covers residential connectivity (Xfinity broadband, wireless, video and voice in the US; Sky connectivity in Europe) and business services. Content & Experiences covers NBCUniversal - the NBC and Telemundo broadcast networks, film and television studios, the Peacock streaming service, and theme parks - plus Sky. On January 2, 2026 Comcast completed the tax-free separation of its domestic cable networks into Versant Media Group, and in June 2026 it announced a planned tax-free spin-off of NBCUniversal and Sky, targeted for mid-2027.

Why does Comcast fail this Shariah stock screen?

Comcast fails on the debt gate. Its Q2 2026 10-Q reports total debt of $90,381M ($6,117M current + $84,264M noncurrent), which is about 117.44% of its ~$76.96B market cap (3,546,403,872 shares outstanding at $21.70, October 1, 2026) - far above the ~33% ceiling. The business gate passes (connectivity, mainstream media, studios, theme parks; no gambling, weapons, pork, or conventional-finance segments). The income gate cannot be confirmed either way because Comcast does not separately disclose gross interest income. Result: FAIL. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.

What is Comcast's interest-bearing debt ratio?

Per Comcast's Q2 2026 Form 10-Q (period ended June 30, 2026; SEC CIK 1166691), total debt was $90,381M - current portion of debt $6,117M + noncurrent portion of debt $84,264M (condensed consolidated balance sheet, in millions). Against a market cap of about $76.96B (3,536,959,497 Class A + 9,444,375 Class B = 3,546,403,872 shares outstanding x $21.70, October 1, 2026, per Finnhub), debt / market cap is about 117.44% - far above the ~33% ceiling. Cash and cash equivalents of $7,661M is about 9.95% of market cap. Facts only.

What is Comcast's non-compliant income ratio?

It cannot be verified from Comcast's filings. Comcast's income statements report only 'Interest expense' (H1 2026: $2,146M) and 'Investment and other income (loss), net' - there is no separate interest-income line. Zoya likewise reports no separate interest income disclosed ($0) against FY2025 revenue of $123,707M. With no disclosed interest-income figure, no verifiable interest-income ratio exists. Facts only.

Do Zoya, Musaffa, or ShariaPortfolio cover Comcast?

Yes for two of the three. Zoya covers CMCSA at zoya.finance/stocks/cmcsa: as of October 2026 it describes CMCSA as not Shariah-compliant (note: the public page renders contradictory auto-generated template text on the point, so the rating is honestly reported as Zoya's own published assessment). Musaffa covers CMCSA at musaffa.com/stock/CMCSA: as of September 2026 it classifies Comcast Corp as not halal under its AAOIFI methodology. ShariaPortfolio: no CMCSA entry was found. All honestly reported, nothing invented. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.

Sources

Screened 2026-10-01 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).