Is Progyny, Inc. (PGNY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.8% / 30% | 20.7% / 30% | 14.7% / 30% | 0.79% / 5% | ✓ HALAL |
| DJIM | 1.8% / 33% | 20.7% / 33% | 14.7% / 33% | 0.79% / 5% | ✓ HALAL |
| MSCI | 3.7% / 33% | 41.8% / 33% | 29.7% / 33% | 0.79% / 5% | ✗ NOT HALAL |
| S&P | 1.8% / 33% | 20.7% / 33% | 14.7% / 33% | 0.79% / 5% | ✓ HALAL |
| FTSE | 3.7% / 33% | 41.8% / 33% | 29.7% / 50% | 0.79% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.6% | |
| Operating Margin | 7.2% | |
| Net Margin | 4.5% | |
| Return on Equity (ROE) | 12.5% | |
| Return on Assets (ROA) | 8.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $210M |
| Free Cash Flow | $192M |
| Total Debt | $28M |
| Debt-to-Equity | 5.4 |
| Current Ratio | 2.7 |
| Total Assets | $742M |
Price & Trading
| Last Close | $17.79 |
| 50-Day MA | $20.68 |
| 200-Day MA | $22.39 |
| Avg Volume | 1.6M |
| Beta | 1.0 |
|
52-Week Range
$16.75
| |
About Progyny, Inc. (PGNY)
Progyny, Inc., a benefits management company, provides fertility, family building, and women's health benefits solutions in the United States. It offers fertility benefits solutions, such as differentiated benefits plan design that includes smart cycle treatment bundle; personalized concierge-style member support services; and a selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides access to the medications needed during their treatment and offers care management services, as well as pregnancy and postpartum, menopause and midlife, benefit and leave navigation, and parent and child wellbeing solutions. In addition, it provides assistance service program where various services can be offered through a reimbursement program, including adoption, surrogacy, doula, and travel reimbursement when travel is required to receive medical services. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Purification Calculator
As a halal stock with 0.79% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Progyny, Inc. (PGNY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Progyny, Inc. 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 Progyny, Inc.'s debt ratio?
Progyny, Inc.'s debt ratio is 1.8% 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 3.7%.
Does Progyny, Inc. require dividend purification?
Yes, Progyny, Inc. has an impermissible income ratio of 0.79%, which means 0.79% 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 Progyny, Inc.'s key financial metrics?
Progyny, Inc. has a market capitalization of $1.4B, trailing P/E ratio of 26.6, and revenue of $1.3B. The company maintains a gross margin of 23.6% and a net margin of 4.5%. Return on equity stands at 12.5%.
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.