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Shariah compliance overview

Doubtful

Paycom Software, Inc. (PAYC) is currently classified as Doubtful by Akinda Shariah screening (AAOIFI-aligned methodology).

About Paycom Software, Inc.

Paycom Software, Inc., established in 1998 and headquartered in Oklahoma City, Oklahoma, provides a comprehensive, cloud-based human capital management (HCM) platform. This software-as-a-service (SaaS) solution is specifically tailored for small to mid-sized businesses across the United States.

Paycom Software, Inc. (PAYC) operates in the Technology sector, in the Software - Application industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

If you hold PAYC, give 48.15% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
94.59%Limit 5%Fail
Interest-bearing debt
0.87%Limit 30%Pass
Interest-bearing securities and assets
3.57%Limit 30%Pass
Dividend purification
48.15%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Paycom Software, Inc. (PAYC). Current Akinda screening label: Doubtful.