AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: PGNY
Report Date: 2026-05-09
Full Report: https://amaly.io/stock/PGNY

EXECUTIVE SUMMARY
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Compliance Status: COMPLIANT
Quality Rating: AAA
Description: Progyny, Inc. (PGNY) operates in the healthcare information services sector, providing fertility and family building benefits solutions. The company's financial ratios demonstrate strong compliance with Shariah screening criteria across AAOIFI, MSCI, and S&P standards, with minimal debt and impermissible income. Business activities are primarily permissible, though surrogacy elements warrant monitoring. Inclusion in all major Shariah indices confirms overall compliance, supported by a low ESG risk profile and positive governance practices.

Primary Compliance Concerns:
- Potential scholarly debate on surrogacy reimbursement programs, though not material to revenue

Purification Requirement: 0.79%
Index Inclusion: Included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, and DJIM indices

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 0.0%
Interest Income Ratio: 0.0%
Purification Required: 0.79%

INDEX INCLUSION STATUS
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S&P Shariah: INCLUDED
MSCI Islamic: INCLUDED
DJIM: INCLUDED
FTSE Shariah: INCLUDED
Total: 4 of 4
Last Verified: 2025-11-30

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q1 2026
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-27T12:00:00Z

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Full interactive report: https://amaly.io/stock/PGNY
Provided by Amaly (https://amaly.io) — Shariah Compliant Stock Screener
Disclaimer: This data is for informational purposes only and does not constitute financial or religious advice.