Shariah compliance overview
Not HalalProgress Software Corporation (PRGS) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Progress Software Corporation
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications.
Progress Software Corporation (PRGS) operates in the Technology sector, in the Software - Infrastructure industry.
Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.
- Business Activity
- 0.18%Limit 5%Pass
- Interest-bearing debt
- 37.49%Limit 30%Fail
- Interest-bearing securities and assets
- 4.33%Limit 30%Pass
- Dividend purification
- 0.18%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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Company Profile
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Frequently asked questions
Quick answers about Progress Software Corporation (PRGS). Current Akinda screening label: Not Halal.
