What is IP Strategy Holdings, Inc.'s Shariah compliance score?

IP Strategy Holdings, Inc. (IPST) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does IP Strategy Holdings, Inc. pass AAOIFI screening?

IP Strategy Holdings, Inc. (IPST) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. IPST's debt-to-market-cap is 148.7%.

How much purification is needed for IP Strategy Holdings, Inc.?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for IP Strategy Holdings, Inc. (IPST) using the latest financial data.

Where can I screen IP Strategy Holdings, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for IP Strategy Holdings, Inc. (IPST) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

IPSTNot HalalF

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Compliance Status

Not Halal

Screened on Oct 6, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is IP Strategy Holdings, Inc. (IPST) halal? Not Halal. Based on AAOIFI screening, IP Strategy Holdings, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates IP Strategy Holdings, Inc. (IPST) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 6, 2026. Source: https://halalscreener.app/en/stock/IPST

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

148.7% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding IPST

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

IPST: Is IP Strategy Holdings, Inc. Halal?

IP Strategy Holdings, Inc.

NASDAQConsumer DefensiveUS

$3.01

Market Cap: 1.7M

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About IP Strategy Holdings, Inc.

IP Strategy Holdings, Inc. (IPST) offers public investors a streamlined entry into the expanding programmable intellectual property landscape via a regulated equity framework. The company utilizes a treasury of digital tokens, allowing for direct engagement with the Story ecosystem. This ecosystem is specifically designed to manage the on-chain registration, licensing, and commercialization of intellectual property assets. Co-founded by Justin B. Stiefel and Jennifer D. H. Stiefel on July 19, 2011, the firm's operations are based in Gig Harbor, Washington.

Sector: Consumer Defensive · Industry: Beverages - Alcoholic

Why this does not pass

Business activity: the company earns from an activity AAOIFI treats as prohibited.
Interest-bearing debt is 148.7% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 6, 2026

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Institutional-grade Shariah analysis

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See why IPST is rated Not Halal with institutional-grade analysis

Business Activity Screen

Failed

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

Prohibited industry: Beverages - Alcoholic

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Consumer Defensive

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

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A1 A.K. Koh Group Berhad

$0.14

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+0.10%

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$0.72

+0.00%

7439.KLA+

Teck Guan Perdana Berhad

$1.91

-0.02%

JBSSA+

John B. Sanfilippo & Son, Inc.

$67.00

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Frequently Asked Questions

Is IP Strategy Holdings, Inc. (IPST) halal to invest in?

IP Strategy Holdings, Inc. (IPST) 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 IP Strategy Holdings, Inc. get a F compliance rating?

IP Strategy Holdings, Inc. (IPST) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 148.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change IP Strategy Holdings, Inc.'s Shariah verdict?

IP Strategy Holdings, 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 IP Strategy Holdings, Inc. re-screened for Shariah compliance?

IP Strategy Holdings, Inc. (IPST) 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: Oct 6, 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.