Appian Corporation

APPN: Is Appian Corporation Halal?

Appian Corporation

NASDAQTechnologyUS

$26.48

-7.86%

Market Cap: 2.0B

Compliance Status

Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

A

Very Good

85Score

Is Appian Corporation (APPN) halal? Halal. Based on AAOIFI screening, Appian Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

Quote this verdict

HalalScreener rates Appian Corporation (APPN) Halal, 85/100, grade A under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/APPN

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

8.0% of 30.0% limit

What this means for you

You can own APPN

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened APPN's prohibited income, but the exact share you would need to purify is part of Pro.

About Appian Corporation

Appian Corporation provides a sophisticated low-code automation platform, serving clients across the United States and globally. This advanced technology significantly simplifies software development by automatically generating components like forms, complex workflows, data architectures, various reports, and user interfaces, which traditionally require extensive manual coding. In addition to its core platform, Appian extends its offerings to include dedicated professional services and comprehensive customer assistance. Its diverse clientele encompasses a wide array of sectors, such as financial institutions, government organizations, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation. The company, founded in 1999, is based in McLean, Virginia.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Appian Corporation (APPN) halal to invest in?
Based on AAOIFI Standard 21 screening, Appian Corporation (APPN) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Appian Corporation get a A compliance rating?
Appian Corporation (APPN) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 8.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Appian Corporation's Shariah verdict?
Appian Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Appian Corporation re-screened for Shariah compliance?
Appian Corporation (APPN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 1, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.