Is WildBrain (WILD) halal?
WildBrain (TSX: WILD), the Toronto kids-entertainment company, gets a provisional PASS: after the Peanuts sale and full corporate-debt repayment, ~C$51.7M of interim production financing is about 19% of market cap — comfortably under the ~33% ceiling, with cash at ~33% of market cap as a watch item.
The two-gate Shariah screen
Every screener on this site runs the same two gates: first, the business must be halal (no conventional insurance, banking, alcohol, gambling, weapons manufacturing, and the like); second, the financial ratios must clear (debt under roughly 33% of market cap, non-compliant income under roughly 5%).
Gate one: the business — PASSED
WildBrain Ltd (TSX: WILD), formerly DHX Media, is a Toronto-based kids and family entertainment company with three continuing segments: Franchise and Global Licensing (owned brands Strawberry Shortcake, Teletubbies, Yo Gabba Gabba!, Inspector Gadget and Degrassi, plus the WildBrain CPLG licensing agency), Content (animation production for Apple TV, Netflix and the BBC), and the WildBrain Network (over 1,000 YouTube, FAST and AVOD channels with direct advertising). FY2026 was transformative: the company sold its 41% Peanuts stake to Sony (closed March 3, 2026), used the proceeds to fully repay all corporate debt (C$550.7M of term loan and revolver, facility terminated March 2, 2026), and exited TV broadcasting (closed October 2025) - company Q4/FY2026 earnings release, September 23, 2026. None of the standard AAOIFI prohibited business activities (conventional banking and insurance, alcohol, gambling, weapons, pork, tobacco, adult entertainment) are part of WildBrain's operations, so the business-activity gate passes. One disclosure: about 19% of continuing revenue (C$46.6M of C$245.7M in FY2026) is advertising on the WildBrain Network; the site two-gate method does not treat ad revenue as a prohibited activity. Facts only, no fatwa.
Gate two: the ratios — PASSED (provisional)
At June 30, 2026, WildBrain remaining debt is interim production financing of approximately C$51.7M (derived: C$38.838M at March 31, 2026 per the Q3 FY2026 interim FS Note 9, plus the C$12.883M Q4 change from the Q4 release free-cash-flow table - two disclosed figures that cross-check exactly; all corporate debt was fully repaid on March 2, 2026 for C$550.748M and the facility terminated). Lease liabilities are estimated at about C$9.8M at June 30, 2026 (C$11.626M at March 31 less C$1.856M Q4 repayments). Against a market capitalization of about C$267.5M (C$1.27 per share x ~210.6M shares, September 29, 2026 market data), the financing balance is roughly 19.3% of market cap - about 23.0% including leases - well under the ~33% ceiling. Cash of C$89M at June 30, 2026 (per the Q4 earnings-call transcript summary) is about 33.3% of market cap - at the screening boundary, flagged as a watch item. Interest income was C$2.939M on revenue of C$274.034M in audited FY2025 - about 1.07%, under the ~5% ceiling - and more recent verified quarters are smaller (0.235% for the 9 months to March 31, 2026; 0.59% in Q3 FY2026); Q4 FY2026 interest income was not separately disclosed in the earnings release. All figures recomputed from the cited sources; WildBrain reports in Canadian dollars.
What other screeners say
Third-party coverage is absent from public view: no publicly accessible Zoya report for WILD was found (Zoya ratings live inside its app), no public Musaffa stock page for WILD surfaced in search (Musaffa research sits behind its app and login), and ShariaPortfolio is a faith-based wealth-management firm rather than a public stock screener, so no per-stock coverage of WILD exists there publicly. The provisional PASS recorded here rests on the ratios computed from the company filings and market data above.
The bottom line
WildBrain (WILD) is a provisional PASS: the kids entertainment business clears the activity gate, FY2026 restructuring (Peanuts sale, corporate debt fully repaid) leaves only ~C$51.7M of interim production financing - about 19% of market cap, well under the ~33% ceiling - and audited interest income is ~1.07% of revenue, under the ~5% ceiling. Provisional because the June 30, 2026 financing balance is derived from disclosed cash-flow changes (cross-checked, not directly stated), cash sits at about 33% of market cap (a watch item), and Q4 FY2026 interest income was not separately disclosed. As with every screener here, this is a rules-based screening of published figures, not a religious ruling - consult a qualified scholar for personal guidance.
Sources
- WildBrain Q4/FY2026 earnings release (Newsfile, Sept 23, 2026)
- WildBrain Q3 FY2026 interim financial statements (Note 9 debt, Note 14 interest income)
- WildBrain Q3 2026 MD&A (Exhibit 99-3, discontinued-revenue table)
- WILD.TO share price, September 29, 2026 (thecerbatgem)
- WildBrain Q4 FY2026 earnings-call highlights (cash figure, MarketBeat, Sept 24, 2026)
- WILD.TO market data (Finnhub, September 2026)
Frequently asked questions
Is WildBrain stock halal?
Based on this screener AAOIFI-style checks, WildBrain gets a provisional PASS. Its kids entertainment business clears the activity gate, interim production financing of about C$51.7M is roughly 19% of market cap, and audited interest income is about 1.07% of revenue. Provisional because the June 30, 2026 financing balance is derived rather than directly stated, and cash sits at about 33% of market cap. This is a screening result, not investment advice or a religious ruling.
How much debt does WildBrain have relative to its market value?
About 19% to 23%: interim production financing of approximately C$51.7M at June 30, 2026 (derived from disclosed Q3 and Q4 cash-flow changes) divided by a market cap of about C$267.5M (C$1.27 x ~210.6M shares, September 2026). Adding estimated lease liabilities of C$9.8M gives about 23%. Both are under the ~33% ceiling. All corporate debt was fully repaid in March 2026.
Does WildBrain earn interest income?
A small amount: audited interest income of C$2.939M on C$274.034M of revenue in FY2025, about 1.07% - under the ~5% ceiling. More recent verified figures are also small: 0.235% for the 9 months to March 31, 2026 and 0.59% for Q3 FY2026. Q4 FY2026 interest income was not separately disclosed in the earnings release.
What does WildBrain do?
WildBrain Ltd (TSX: WILD), formerly DHX Media, is a Toronto-based kids and family entertainment company. It owns brands including Strawberry Shortcake, Teletubbies, Yo Gabba Gabba!, Inspector Gadget and Degrassi, produces animation for Apple TV, Netflix and the BBC, and runs the WildBrain Network of over 1,000 YouTube, FAST and AVOD channels. In FY2026 it sold its 41% Peanuts stake to Sony, repaid all corporate debt, and exited TV broadcasting.
Do Zoya, Musaffa, or ShariaPortfolio rate WildBrain?
No public rating from Zoya, Musaffa, or ShariaPortfolio was found for WildBrain as of September 2026. Zoya and Musaffa ratings live inside their apps with no publicly accessible WILD report found, and ShariaPortfolio is a wealth-management firm rather than a public stock screener. This page relies on WildBrain filings and market data instead.