Parsons Corporation

PSN: Is Parsons Corporation Halal?

Parsons Corporation

NYSETechnologyUS

$49.05

+6.49%

Market Cap: 5.2B

Compliance Status

Doubtful

Screened on Aug 30, 2026 · AAOIFI Standard 21

B+

Good

71Score

Is Parsons Corporation (PSN) halal? Doubtful. Based on AAOIFI screening, Parsons Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 71/100 (Grade: B+).

Quote this verdict

HalalScreener rates Parsons Corporation (PSN) Doubtful, 71/100, grade B+ under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/PSN

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

28.9% of 30.0% limit

What this means for you

You may own PSN, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

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

About Parsons Corporation

Parsons Corporation is a global provider of comprehensive solutions and services, primarily operating in the defense, intelligence, and critical infrastructure sectors. Its reach extends across North America, the Middle East, and other international regions. The company organizes its operations into two main divisions: Federal Solutions and Critical Infrastructure. Within its Federal Solutions segment, Parsons delivers advanced cybersecurity and intelligence capabilities. This includes developing and deploying offensive and defensive cyber platforms, tools, and operational support for clients like the U.S. Department of Defense and the wider U.S. intelligence community. It also specializes in space and geospatial technologies, offering expertise in areas such as geospatial intelligence, threat assessment, space situational awareness, small satellite deployment and integration, ground control systems, flight dynamics, and command and control solutions. Key beneficiaries of these services include the National Geospatial-Intelligence Agency, the National Reconnaissance Office, and various branches of the U.S. DoD. Furthermore, Parsons provides sophisticated missile defense and C5ISR (Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance, and Reconnaissance) solutions, encompassing integrated air and missile defense, data fusion, analytics, platform system integration, directed energy, joint all-domain operations, and command and control systems, serving entities like the Defense Intelligence Agency and the DoD. The company's technology services in this segment also cover critical infrastructure components such as energy production, aviation, healthcare, bio-surveillance, and environmental systems, alongside associated infrastructure. This extends to specialized areas like nuclear waste processing, WMD elimination, program/project management, infectious disease analytics, and data protection. The Critical Infrastructure segment focuses on enhancing urban and public systems. Offerings here include intelligent transportation system management, aviation, rail, and transit system solutions, smart city software development, and robust cybersecurity for critical infrastructure assets. These services are provided to transportation authorities and rail/transit operators. Parsons also delivers essential engineering, program management, and environmental solutions to private industrial clients and public utility providers. Established in 1944, Parsons Corporation maintains its headquarters in Centreville, Virginia.

Sector: Technology · Industry: Information Technology Services

Why This Stock Is Doubtful

  • Debt is 28.9% of market cap, only 1.1 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. Halal

    until the change above

  3. Doubtful

    until the change above

  4. Halal

    until the change above

  5. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Parsons Corporation (PSN) halal to invest in?
Parsons Corporation (PSN) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Parsons Corporation get a B+ compliance rating?
Parsons Corporation (PSN) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 28.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Parsons Corporation's Shariah verdict?
Parsons 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 Parsons Corporation re-screened for Shariah compliance?
Parsons Corporation (PSN) 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: Aug 30, 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.