FreeCast, Inc. (CAST) - Questionable
FreeCast, Inc. (CAST) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Communication Services
- Industry
- Broadcasting
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Broadcasting" has mixed revenue streams that require further analysis. The sector "Communication Services" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 11.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 0.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About FreeCast, Inc.
FreeCast, Inc. develops and markets an interactive digital media guide that facilitates access to a virtual library of entertainment media in the United States. The company offers SmartGuide and Select TV, which utilizes the proprietary technology that searches and aggregates internet-distributed streaming media into an electronic media guide. It licenses its SmartGuide to brands and manufacturers of devices with online user bases, as well as sells Select TV in retail packages by monthly and annual subscriptions. In addition, the company offers ad platform and agency services; and free ad-supported streaming TV channel buildouts, such as post-production editing, motion graphic channel assembly, and content acquisitions. FreeCast, Inc. was incorporated in 2011 and is headquartered in Orlando, Florida.
Frequently Asked Questions
Is FreeCast, Inc. (CAST) stock halal to invest in?
According to AAOIFI Shariah screening standards, FreeCast, Inc. (CAST) is currently classified as Questionable. This is based on both business activity and financial ratio screening.

