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).

The Interpublic Group of Companies, Inc.

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

Not Halal

The Interpublic Group of Companies, Inc.

NYSECommunication ServicesUS

$24.57

-1.96%

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 Jun 18, 2026
F

Non-Compliant

Fails Shariah screening

0Score

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.

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap47.7% / 30.0%

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.

Screened: Jun 18, 2026Fiscal: FY 2024Source: FMP

Financial Overview

Market Cap

8.9B

Price

$24.57

Sector

Communication Services

Industry

Advertising Agencies

Halal Alternatives in Communication Services

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

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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: Jun 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.