NETFLIX CDR (CAD HEDGED) (NFLX.NE) - Questionable
NETFLIX CDR (CAD HEDGED) (NFLX.NE) 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
- Entertainment
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Entertainment" 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: 0.5% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 0.3% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.38%.Based on the company's financial statements, approximately 0.38% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.38% of total income). Some scholars may differ on the exact calculation method.
About NETFLIX CDR (CAD HEDGED)
Netflix, Inc. provides entertainment services. The company offers television (TV) series, documentaries, feature films, and games across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. The company operates approximately in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.
Frequently Asked Questions
Is NETFLIX CDR (CAD HEDGED) (NFLX.NE) stock halal to invest in?
According to AAOIFI Shariah screening standards, NETFLIX CDR (CAD HEDGED) (NFLX.NE) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does NETFLIX CDR (CAD HEDGED) have any interest income?
NETFLIX CDR (CAD HEDGED)'s interest income ratio is 0.3% of total revenue. AAOIFI standards require this to be below 30%.

