InfinityRider
Fri Jun 07 2024
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5 answers
823
Is Netflix a halal stock?｜Conclusion. We at IFG take the view that as it likely has more than 5% of its revenue from haram sources. Netflix stock is not sharia-compliant
Could you elaborate on why Netflix is considered a non-sharia-compliant stock? I'm interested in understanding the basis for this conclusion, specifically the criteria that determine if a stock is halal or not. Given that Netflix generates more than 5% of its revenue from what are considered 'haram' sources, could you explain what these sources might be? And how does this affect the sharia compliance of the stock? Thank you for clarifying this matter.
