What is The Interpublic Group of Companies, Inc.'s Shariah compliance score?

The Interpublic Group of Companies, Inc.'s (IPG) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does The Interpublic Group of Companies, Inc. pass AAOIFI screening?

The Interpublic Group of Companies, Inc. (IPG) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (IPG: 47.7%), (3) interest-bearing deposits below 30% (IPG: 24.5%), and (4) prohibited income below 5% (IPG: 1.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for The Interpublic Group of Companies, Inc. stock?

The Interpublic Group of Companies, Inc. (IPG) has a non-permissible income ratio of 1.42%. Muslim investors should purify this percentage of any dividends received and capital gains realized from IPG shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen The Interpublic Group of Companies, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for The Interpublic Group of Companies, Inc. (IPG) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about IPG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

IPG: Is The Interpublic Group of Companies, Inc. Halal?

The Interpublic Group of Companies, Inc.

NYSECommunication ServicesUS

$24.57

-1.96%

Market Cap: 8.9B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is The Interpublic Group of Companies, Inc. (IPG) halal? Not Halal. Based on AAOIFI screening, The Interpublic Group of Companies, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

47.7% of 30.0% limit

What this means for you

Most scholars advise not holding IPG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About The Interpublic Group of Companies, Inc.

The Interpublic Group of Companies, Inc. (IPG) is a global leader in providing an extensive range of advertising and marketing solutions. The organization operates through two primary divisions: Integrated Agency Networks (IAN) and IPG DXTRA. IPG's service portfolio includes comprehensive consumer brand promotion, advanced digital marketing strategies, meticulous communications planning and media purchasing, public relations, specialized communication practices, and sophisticated data science capabilities. Additionally, the company offers a diverse set of supplementary services. These encompass professional meeting and event management, dynamic sports and entertainment marketing, corporate and brand identity development, and expert strategic marketing consulting. Founded in 1902, The Interpublic Group of Companies, Inc. was originally known as McCann-Erickson Incorporated before rebranding to its current name in January 1961. Its corporate headquarters are situated in New York, New York.

Sector: Communication Services · Industry: Advertising Agencies

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)

3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

•Advertising Agencies: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: FY 2024Data source: FMP

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$5.39

-5.11%

RDDTA+

Reddit, Inc.

$203.27

+1.16%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

METAA+

Meta Platforms, Inc.

$646.01

+1.70%

CHTA+

Chunghwa Telecom Co., Ltd.

$41.44

-0.10%

More Communication Services Stocks

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Frequently Asked Questions

Is The Interpublic Group of Companies, Inc. (IPG) halal to invest in?

The Interpublic Group of Companies, Inc. (IPG) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did The Interpublic Group of Companies, Inc. get a F compliance rating?

The Interpublic Group of Companies, Inc. (IPG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 47.7% (limit 30%); interest-bearing deposits of 24.5% (limit 30%); prohibited income of 1.42% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change The Interpublic Group of Companies, Inc.'s Shariah verdict?

The Interpublic Group of Companies, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is The Interpublic Group of Companies, Inc. re-screened for Shariah compliance?

The Interpublic Group of Companies, Inc. (IPG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.