What is MGP Ingredients, Inc.'s Shariah compliance score?

MGP Ingredients, Inc.'s (MGPI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does MGP Ingredients, Inc. pass AAOIFI screening?

MGP Ingredients, Inc. (MGPI) 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% (MGPI: 77.2%), (3) interest-bearing deposits below 30% (MGPI: 5.5%), and (4) prohibited income below 5% (MGPI: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for MGP Ingredients, Inc. stock?

MGP Ingredients, Inc. (MGPI) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MGPI 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 MGP Ingredients, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for MGP Ingredients, Inc. (MGPI) 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 MGPI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

MGPI: Is MGP Ingredients, Inc. Halal?

Not Halal

MGP Ingredients, Inc.

NASDAQConsumer DefensiveUS

$15.76

-3.43%

AvoidBorderlineClean

About MGP Ingredients, Inc.

MGP Ingredients, Inc., founded in 1941 and headquartered in Atchison, Kansas, operates as a prominent manufacturer and supplier across three main business areas: distilled spirits, branded alcoholic beverages, and specialized food ingredients. The company's operations are structured around three core divisions: 1. Distillery Products: This segment is responsible for producing food-grade alcohol, which serves both beverage manufacturers—forming the base for products like bourbon, rye whiskeys, vodka, and gin—and industrial applications as a key ingredient in food items, personal care products, cleaning agents, and pharmaceuticals. It also manufactures fuel-grade ethanol for gasoline blending and extracts valuable co-products such as distillers feed and corn oil. Additionally, this division provides comprehensive warehousing services, including barrel storage, retrieval, and blending operations. 2. Branded Spirits: This division focuses on offering a diverse portfolio of proprietary distilled spirits, catering to various market tiers from ultra-premium and premium to mid-tier and value price points. 3. Ingredient Solutions: This segment supplies a variety of specialized components. These include specialty wheat starches for culinary applications, marketed under brands such as Fibersym, Resistant Starch, and FiberRite RW, as well as specialty wheat proteins, including Arise and Proterra, also for food use. The segment further provides gluten-free textured pea proteins, alongside commodity wheat starch and proteins for both food and industrial purposes. MGP Ingredients distributes its offerings either directly or through a network of distributors to manufacturers, processors of packaged goods, and bakeries. Its primary market footprint extends across the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada.

Sector: Consumer Defensive · Industry: Beverages - Wineries & Distilleries

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

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

Prohibited industry: Beverages - Wineries & Distilleries
Prohibited activity detected: alcohol
Prohibited activity detected: spirits
Prohibited activity detected: distillery

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap77.2% / 30.0%

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.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: FMP

Financial Overview

Market Cap

336.8M

Price

$15.76

Sector

Consumer Defensive

Industry

Beverages - Wineries & Distilleries

Halal Alternatives in Consumer Defensive

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

JBSSA+

John B. Sanfilippo & Son, Inc.

$74.09

+0.32%

LWAYA+

Lifeway Foods, Inc.

$23.83

-1.95%

LINCA+

Lincoln Educational Services Corporation

$47.99

-5.16%

MZTIA+

The Marzetti Company

$107.36

+0.84%

MAMAA+

Mama's Creations, Inc.

$14.91

+0.81%

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B+

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PEP

PepsiCo, Inc.

B+

COST

Costco Wholesale Corporation

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Frequently Asked Questions

Is MGP Ingredients, Inc. (MGPI) halal to invest in?

MGP Ingredients, Inc. (MGPI) 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 MGP Ingredients, Inc. get a F compliance rating?

MGP Ingredients, Inc. (MGPI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 77.2% (limit 30%); interest-bearing deposits of 5.5% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change MGP Ingredients, Inc.'s Shariah verdict?

MGP Ingredients, 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 MGP Ingredients, Inc. re-screened for Shariah compliance?

MGP Ingredients, Inc. (MGPI) 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.