Is PROG Holdings, Inc. (PRG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 45.7% / 30% | 23.5% / 30% | 16.2% / 30% | 0.29% / 5% | ✗ NOT HALAL |
| DJIM | 45.7% / 33% | 23.5% / 33% | 16.2% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| MSCI | 37.4% / 33% | 19.2% / 33% | 13.2% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| S&P | 45.7% / 33% | 23.5% / 33% | 16.2% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| FTSE | 37.4% / 33% | 19.2% / 33% | 13.2% / 50% | 0.29% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 34.0% | |
| Operating Margin | 13.9% | |
| Net Margin | 6.1% | |
| Return on Equity (ROE) | 17.8% | |
| Return on Assets (ROA) | 15.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $335M |
| Free Cash Flow | $325M |
| Total Debt | $602M |
| Debt-to-Equity | 80.7 |
| Current Ratio | 5.5 |
| Total Assets | $1.6B |
Price & Trading
| Last Close | $29.02 |
| 50-Day MA | $32.70 |
| 200-Day MA | $31.48 |
| Avg Volume | 521K |
| Beta | 1.8 |
|
52-Week Range
$23.50
| |
About PROG Holdings, Inc. (PRG)
PROG Holdings, Inc., a financial technology holding company, provides payment options to consumers in the United States. The company operates through two segments: Progressive Leasing and Four. It owns Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Four, which enables consumers of all credit backgrounds to pay for purchases over time through short-term, interest-free instalment buy-now-pay-later BNPL plans. The company offers Purchasing Power, that provides these underserved customers with alternatives to traditional financing options. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.
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Frequently Asked Questions
Is PROG Holdings, Inc. (PRG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PROG Holdings, Inc. 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 PROG Holdings, Inc.'s debt ratio?
PROG Holdings, Inc.'s debt ratio is 45.7% 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 37.4%.
What are PROG Holdings, Inc.'s key financial metrics?
PROG Holdings, Inc. has a market capitalization of $1.1B, trailing P/E ratio of 9.4, and revenue of $2.4B. The company maintains a gross margin of 34.0% and a net margin of 6.1%. Return on equity stands at 17.8%.
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.