ManpowerGroup Inc.

MAN: Is ManpowerGroup Inc. Halal?

ManpowerGroup Inc.

NYSEIndustrialsUS

$60.74

+2.22%

Market Cap: 2.8B

Compliance Status

Not Halal

Screened on Aug 28, 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).

Quote this verdict

HalalScreener rates ManpowerGroup Inc. (MAN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 28, 2026. Source: https://halalscreener.app/en/stock/MAN

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%.

55.4% 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., established in 1948 and headquartered in Milwaukee, Wisconsin, is a prominent global provider of human resources and workforce management solutions. The company delivers an extensive array of staffing and talent services across the Americas, Southern and Northern Europe, and the Asia Pacific Middle East region. Its core offerings encompass various recruitment models, including permanent, temporary, and contract placements for professional, administrative, and industrial roles, primarily under its Manpower and Experis brands. Beyond traditional recruitment, ManpowerGroup also provides assessment services, training and professional development, career management support, and outsourcing of human resources functions, particularly for large-scale hiring initiatives. Furthermore, it offers strategic workforce consulting, contingent staffing, and specialized project-based solutions in high-demand fields like information technology, engineering, and finance. The company also focuses on improving organizational efficiency, fostering individual career growth, and facilitating workforce mobility. Its comprehensive portfolio includes recruitment process outsourcing (RPO), TAPFIN managed services, talent-based outsourcing, and dedicated digital and IT infrastructure support through its Proservia brand. ManpowerGroup maintains a substantial global presence, operating roughly 2,200 offices across 75 countries and territories worldwide.

Sector: Industrials · Industry: Staffing & Employment Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 28, 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: Q2 2026Data source: EDGAR
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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 55.4% (limit 30%). 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: Aug 28, 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.