Is APPIAN CORP (APPN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 16.0% / 30% | 8.1% / 30% | 9.9% / 30% | 1.1% / 5% | ✓ HALAL |
| DJIM | 16.0% / 33% | 8.1% / 33% | 9.9% / 33% | 1.1% / 5% | ✓ HALAL |
| MSCI | 50.7% / 33% | 25.7% / 33% | 31.4% / 33% | 1.1% / 5% | ✗ NOT HALAL |
| S&P | 16.0% / 33% | 8.1% / 33% | 9.9% / 33% | 1.1% / 5% | ✓ HALAL |
| FTSE | 50.7% / 33% | 25.7% / 33% | 31.4% / 50% | 1.1% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 72.5% | |
| Operating Margin | 1.7% | |
| Net Margin | 0.2% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $63M |
| Free Cash Flow | $60M |
| Total Debt | $300M |
| Current Ratio | 1.1 |
| Total Assets | $691M |
Price & Trading
| Last Close | $24.00 |
| 50-Day MA | $26.16 |
| 200-Day MA | $30.97 |
| Avg Volume | 1.1M |
| Beta | 1.0 |
|
52-Week Range
$21.77
| |
About APPIAN CORP (APPN)
Appian Corporation operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally. The company offers The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize critical business processes. The company also offers cloud subscriptions bundled with maintenance and support and hosting services, license subscriptions, and maintenance and support for license subscriptions; and professional and customer support services. In addition, the company offers platforms, such as artificial intelligence, low-code, data fabric, process automation, intelligent document processing, process mining, process intelligence, and case management studio; and solutions, including federal acquisition, public sector case management, state and local e-procurement, contract lifecycle management, insurance connected underwriting, and insurance claims processing. It serves financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. Appian Corporation was incorporated in 1999 and is headquartered in McLean, Virginia.
Purification Calculator
As a halal stock with 1.10% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is APPIAN CORP (APPN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), APPIAN CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is APPIAN CORP's debt ratio?
APPIAN CORP's debt ratio is 16.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 50.7%.
Does APPIAN CORP require dividend purification?
Yes, APPIAN CORP has an impermissible income ratio of 1.10%, which means 1.10% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are APPIAN CORP's key financial metrics?
APPIAN CORP has a market capitalization of $1.7B, trailing P/E ratio of 1159.0, and revenue of $727M. The company maintains a gross margin of 72.5% and a net margin of 0.2%.
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.