OMC

Omnicom Group Inc.

DOUBTFUL — SCREEN DOES NOT PASSstock

Is OMC Halal?

Global advertising and marketing holding company with a mixed, unquantified client roster.

What You Should Know

Omnicom's March 31, 2026 Form 10-Q reports $49,964.7 million of assets, $10,044.9 million of interest-bearing debt, $4,288.1 million of cash and $12,566.2 million of receivables. Debt/assets is 20.10%; cash/assets is 8.58%; receivables-plus-cash/assets is 33.73%, above the 33–33.33% tests used by some methodologies; disclosed interest income/revenue is 0.75%. Advertising is permissible in form, but the filing does not classify every client or campaign, so the result is methodology-dependent rather than assigned a guessed prohibited-revenue percentage.

⚠️ Concerns

  • Client and campaign mix is not disclosed by Sharia category
  • Advertising can promote alcohol, gambling or conventional finance
  • Interest income of $47.0 million is disclosed without a fixed purification percentage
  • A market-cap denominator and client-level prohibited-revenue numerator are not calculated

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
20.10%Within limit
Below 33.333% under FTSE Yasaar

10,044.9 / 49,964.7

Cash + interest-bearing securities / assets
8.58%Within limit
Below 33.333% under FTSE Yasaar

4,288.1 / 49,964.7

Receivables + cash / assets
33.73%Within limit
Below 50% under FTSE Yasaar

16,854.3 / 49,964.7

Non-compliant income / revenue
0.75%Within limit
No more than 5% under FTSE Yasaar

47 / 6,242.9

FTSE Yasaar
v4.6, February 2026
Financial
Pass
Overall
Incomplete

Debt/assets is 20.10%, cash/assets is 8.58%, receivables plus cash/assets is 33.73% and interest income/revenue is 0.75%; known ratios pass, while client classification and market-cap methods remain incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Debt/assets is 20.10% and liquidity/assets is 8.58%, but receivables plus cash/assets is 33.73%, above the examined 33.33% total-assets limit; this is a contextual calculation, not an index-membership claim.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

The examined Malaysia SAC activity and financial proxies pass on the stored inputs, but the client mix is not quantified into a universal prohibited-revenue numerator; this is not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A licensed reproducible historical market-cap series is not stored; a spot estimate is not substituted.

Business-activity disclosure

Omnicom provides advertising, marketing, branding, media and communications services. Advertising as a service can be permissible, but the client mix includes sectors such as alcohol, gambling and conventional finance that require qualitative review.

Limitation: The filing discloses consolidated revenue and client concentration but does not classify every campaign, client or impression under a school-specific prohibited-revenue taxonomy.

Purification

Interest income of 47.0 million is disclosed, but no fixed dividend-purification percentage is prescribed; investors should seek qualified school-specific guidance.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Omnicom's March 31, 2026 Form 10-Q.
  • Debt is short-term debt of 67.4 plus long-term debt of 9,977.5; leases are excluded.
  • Cash is 4,288.1 and accounts receivable are 12,566.2. Quarterly revenue is 6,242.9 and disclosed interest income is 47.0.
  • The filing does not classify advertising clients by a universal prohibited-revenue taxonomy, so prohibited revenue is left unavailable rather than guessed.
  • The filing does not provide a reproducible market-cap denominator history.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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