What is Paylocity Holding Corporation's Shariah compliance score?

Paylocity Holding Corporation (PCTY) has a Shariah compliance score of 90/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Paylocity Holding Corporation pass AAOIFI screening?

Paylocity Holding Corporation (PCTY) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (PCTY: 3.0%), (3) interest-bearing deposits below 30% (PCTY: 8.9%), and (4) prohibited income below 5% (PCTY: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Paylocity Holding Corporation stock?

Paylocity Holding Corporation (PCTY) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PCTY shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Paylocity Holding Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Paylocity Holding Corporation (PCTY) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PCTY's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Paylocity Holding Corporation (PCTY) halal? Halal. Based on AAOIFI screening, Paylocity Holding Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 90/100 (Grade: A+).

PCTY: Is Paylocity Holding Corporation Halal?

Halal

Paylocity Holding Corporation

NASDAQTechnologyUS

$111.64

-1.33%

AvoidBorderlineClean

About Paylocity Holding Corporation

Paylocity Holding Corporation delivers a comprehensive suite of cloud-native software solutions, primarily focusing on human capital management (HCM) and payroll processing for businesses and their workforces throughout the United States. At its core, the company offers a robust Payroll and Tax Services solution, designed to simplify operations, automate administrative tasks, and ensure adherence to regulatory compliance from a unified platform. This includes features like expense management, on-demand payment capabilities, and garnishment processing. Beyond payroll, Paylocity provides extensive human capital management functionalities, encompassing employee self-service portals, a centralized document library, an intuitive compliance dashboard, and its "HR Edge" feature. Its product suite also includes tools for time and attendance tracking and schedule management, supported by various time collection devices such as physical kiosks, traditional time clocks, and versatile mobile and web applications. Furthermore, the company offers a full spectrum of talent management solutions, covering everything from recruiting and onboarding new hires to managing employee learning, performance evaluations, and compensation. It also assists with employee benefits administration and offers third-party administrative services. To foster a positive employee experience, Paylocity supplies tools like internal community platforms, premium video content, survey capabilities, and peer recognition programs. For data-driven decision-making, it offers insight and recommendation tools, exemplified by its modern workforce index, detailed data analytics, and comprehensive reporting features. Clients also benefit from a range of supporting services, including implementation assistance, training programs, ongoing client support, and specialized tax and regulatory services. Paylocity serves a diverse clientele, encompassing both for-profit and non-profit entities across numerous sectors such as business services, financial services, healthcare, manufacturing, hospitality (restaurants), retail, and technology, among others. Its solutions are distributed directly through its team of sales representatives. Established in 1997, Paylocity maintains its corporate headquarters in Schaumburg, Illinois.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

A+

Excellent

Exceptionally strong compliance

90Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap3.0% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 18, 2026Fiscal: Q3 2026Source: EDGAR

Purify Your PCTY Dividends

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Financial Overview

Market Cap

6.0B

Price

$111.64

Sector

Technology

Industry

Software - Application

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Frequently Asked Questions

Is Paylocity Holding Corporation (PCTY) halal to invest in?

Based on AAOIFI Standard 21 screening, Paylocity Holding Corporation (PCTY) is rated Halal with a compliance grade of A+ (Excellent). 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 Paylocity Holding Corporation get a A+ compliance rating?

Paylocity Holding Corporation (PCTY) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.0% (limit 30%); interest-bearing deposits of 8.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Paylocity Holding Corporation's Shariah verdict?

Paylocity Holding 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 Paylocity Holding Corporation re-screened for Shariah compliance?

Paylocity Holding Corporation (PCTY) 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: Jun 18, 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.