Kustom Entertainment Inc

KUST

Not Compliant
Exchange
Sector
Headquarters
Group
NASDAQ
Industrials
USA
Micro Cap

Kustom Entertainment Inc is not Shariah Compliant because of its involvement in Music and Entertainment and related activities.

1.75%

Impure Income*

$0.547

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
0
$0.00
0
38.07%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-60.70%
-43.30%
0.64
0.86
0.00%

Shariah Compliance

  • Updated on July 21, 2026
Debt
100%
✗
Non-Compliant Assets
79.82%
✗
Impure Income
1.75%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
23.47%
✓
Impure Income
1.75%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
37.75%
✗
Impure Income
1.75%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
5.58%
✓
Cash
10.48%
✓
Cash & AR
12.24%
✓
Impure Income
1.75%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
5.58%
✓
Cash
10.48%
✓
Cash & AR
12.24%
✓
Impure Income
1.75%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
1.75%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Kustom Entertainment, Inc. is focused on live event production and ticketing technology. The Company specializes in large-scale music festivals and end-to-end event management. Its flagship event, Country Stampede, is held annually at the Azura Amphitheater in Bonner Springs, Kansas. Its segments include Video Solutions and the Entertainment Segment. The Video Solutions segment includes both service and product through its subscription models offering cloud and warranty solutions, and hardware sales for video and health safety solutions. Its products include the EVO-HD, DVM-800 and DVM-800 Lite, which are in-car digital video systems for law enforcement and commercial markets. The Entertainment segment includes the Company’s ticketing and live-event operations and, through its TicketSmarter platform and related entertainment brands, acting as an intermediary between ticket buyers and sellers and purchasing ticket inventory from primary sources for resale through various channels.