ManpowerGroup Inc.

MAN: Is ManpowerGroup Inc. Halal?

ManpowerGroup Inc.

NYSEIndustrialsUS

$31.62

-3.98%

Market Cap: 1.5B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

51.8% of 30.0% limit

What this means for you

Most scholars advise not holding MAN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About ManpowerGroup Inc.

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector. It operates through a network of approximately 2,200 offices in 75 countries and territories. The company was incorporated in 1948 and is based in Milwaukee, Wisconsin.

Sector: Industrials · Industry: Staffing & Employment Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Industrials

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

Phoenix Asia Holdings Limited Ordinary Shares
PHOEA+

Phoenix Asia Holdings Limited Ordinary Shares

$17.80

+1.37%

Fastenal Company
FASTA+

Fastenal Company

$45.49

+0.30%

Old Dominion Freight Line, Inc.
ODFLA+

Old Dominion Freight Line, Inc.

$233.84

-0.43%

Saia, Inc.
SAIAA+

Saia, Inc.

$467.89

-6.83%

Aduro Clean Technologies Inc.
ADURA+

Aduro Clean Technologies Inc.

$13.86

-1.56%

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UPS

United Parcel Service, Inc.

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Frequently Asked Questions

Is ManpowerGroup Inc. (MAN) halal to invest in?
ManpowerGroup Inc. (MAN) 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 ManpowerGroup Inc. get a F compliance rating?
ManpowerGroup Inc. (MAN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 51.8% (limit 30%); interest-bearing deposits of 48.4% (limit 30%); prohibited income of 0.17% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ManpowerGroup Inc.'s Shariah verdict?
ManpowerGroup 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 ManpowerGroup Inc. re-screened for Shariah compliance?
ManpowerGroup Inc. (MAN) 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 19, 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.