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Shariah compliance overview

Not Halal

PROG Holdings, Inc. (PRG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About PROG Holdings, Inc.

PROG Holdings, Inc. functions as a multi-channel financial services firm, specializing in lease-to-own programs for individuals with limited credit access or those traditionally considered underserved. The company's operations are divided into two distinct segments.

PROG Holdings, Inc. (PRG) operates in the Financial Services sector, in the Financial - Credit Services industry.

Why it is not classified as halal: it does not pass these screens: Business Activity, Interest-bearing debt.

Business Activity
100.00%Limit 5%Fail
Interest-bearing debt
42.31%Limit 30%Fail
Interest-bearing securities and assets
21.69%Limit 30%Pass
Dividend purification
100.00%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 PROG Holdings, Inc. (PRG). Current Akinda screening label: Not Halal.