Yes. As of September 2026, Procore Technologies Inc (5PT.BE) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Procore Technologies Inc passes Musaffa's business and financial screening criteria.
Procore Technologies, Inc. engages in the provision of cloud-based construction management software. The company is headquartered in Carpinteria, California and currently employs 4,203 full-time employees. The company went IPO on 2021-05-20. The firm is focused on connecting the construction industry's stakeholders, such as owners, general contractors, specialty contractors, architects, and engineers, to collaborate and access its capabilities from any location on any Internet-connected device. Its four integrated product categories, such as Preconstruction, Project Execution, Resource Management, and Financial Management, automate workflows, provide timely visibility, offer advanced analytics, and support collaboration across key stages of the construction project lifecycle. Its open application programming interfaces and application marketplace allow customers to integrate its products with their internal systems. The company offers a range of integrations, including accounting, document management, and scheduling software. Each of its products can be accessed from the office or the jobsite on computers, smartphones, and tablets.
Procore Technologies Inc 5PT.BE
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Last Updated: Dec 17, 12:00 AM·BE
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5PT.BE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Procore Technologies Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
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FAQ's for Procore Technologies Inc (5PT.BE)
As of September 2026, Procore Technologies Inc 5PT.BE is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Procore Technologies Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Procore Technologies Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Procore Technologies Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Procore Technologies Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Procore Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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