Is PIPER SANDLER COMPANIES (PIPR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 90.6% | |
| Operating Margin | 29.8% | |
| Net Margin | 14.8% | |
| Return on Equity (ROE) | 19.6% | |
| Return on Assets (ROA) | 12.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $587M |
| Free Cash Flow | $552M |
| Total Debt | $116M |
| Debt-to-Equity | 7.5 |
| Current Ratio | 1.9 |
| Total Assets | $2.6B |
Price & Trading
| Last Close | $75.05 |
| 50-Day MA | $80.80 |
| 200-Day MA | $81.69 |
| Avg Volume | 172K |
| Beta | 1.5 |
|
52-Week Range
$50.73
| |
About PIPER SANDLER COMPANIES (PIPR)
Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services, institutional sales, and trading services for various equity and fixed income products; research services; advisory services, such as mergers and acquisitions, equity and debt financings, equity and debt private placements, debt capital markets advisory, restructuring and private capital advisory; municipal financial advisory and loan placement services; and various over-the-counter derivative products, as well as underwrites municipal issuances. The company also provides public finance investment banking services that focus on state and local governments, special districts and development infrastructure, project finance, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, it offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, the company has alternative asset management funds in merchant banking and healthcare to invest firm capital and to manage capital from outside investors; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; alternative asset management strategies; and fixed income sales and trading solutions to banks, registered investment advisors, public entities, credit unions, asset managers, and insurance companies. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.
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Frequently Asked Questions
Is PIPER SANDLER COMPANIES (PIPR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PIPER SANDLER COMPANIES is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is PIPER SANDLER COMPANIES's debt ratio?
PIPER SANDLER COMPANIES's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are PIPER SANDLER COMPANIES's key financial metrics?
PIPER SANDLER COMPANIES has a market capitalization of $5.2B, trailing P/E ratio of 18.4, and revenue of $1.8B. The company maintains a gross margin of 90.6% and a net margin of 14.8%. Return on equity stands at 19.6%.
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.