Is IP STRATEGY HOLDINGS, INC. (IPST) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 32.2% | |
| Operating Margin | -39.0% | |
| Net Margin | 2184.7% | |
| Return on Equity (ROE) | 93.8% | |
| Return on Assets (ROA) | -4.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$11M |
| Free Cash Flow | -$11M |
| Total Debt | $17M |
| Debt-to-Equity | 1.4 |
| Current Ratio | 0.5 |
| Total Assets | $28M |
Price & Trading
| Last Close | $0.28 |
| 50-Day MA | $0.83 |
| 200-Day MA | $7.20 |
| Avg Volume | 374K |
|
52-Week Range
$0.26
| |
About IP STRATEGY HOLDINGS, INC. (IPST)
IP Strategy Holdings, Inc. holds IP tokens as a primary reserve asset. It offers public market investors exposure to the $80 trillion programmable intellectual property economy. The company's treasury reserve of IP tokens provides direct participation in the Story blockchain ecosystem, which enables on-chain registration, licensing, and monetization of intellectual property. The company was formerly known as Heritage Distilling Holding Company, Inc. and change its name to IP Strategy Holdings, Inc. in February 2026. The company was founded in 2011 and is based in Gig Harbor, Washington.
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Frequently Asked Questions
Is IP STRATEGY HOLDINGS, INC. (IPST) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IP STRATEGY HOLDINGS, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is IP STRATEGY HOLDINGS, INC.'s debt ratio?
IP STRATEGY HOLDINGS, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are IP STRATEGY HOLDINGS, INC.'s key financial metrics?
IP STRATEGY HOLDINGS, INC. has a market capitalization of $3M, trailing P/E ratio of 0.0, and revenue of $8M. The company maintains a gross margin of 32.2% and a net margin of 2184.7%. Return on equity stands at 93.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.