The Short Answer
ROP is halal on the current asset-based screen, with an incomplete income disclosure. Debt/assets is 30.29%, while the filing does not separately disclose gross interest income and the qualitative end-market assessment remains separate.
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-13.
10,464 / 34,550.8
382.9 / 34,550.8
1,402.9 / 34,550.8
- Financial
- Incomplete
- Overall
- Incomplete
Debt/assets is 30.29%, liquidity/assets is 1.11% and receivables plus cash/assets is 4.06%; gross interest income is unavailable.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets, liquidity/assets and receivables plus cash/assets are below the examined MSCI limits; business activity and gross interest income remain incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and liquidity/assets are below the examined Malaysia SAC limits; no universal prohibited-revenue numerator is asserted.
- Financial
- Not calculated
- Overall
- Incomplete
No licensed historical market-cap series is stored.
Business-activity disclosure
Roper provides vertical-market software, network software, water meters, medical products, pumps and other application-specific technologies. These general-purpose products are generally permissible, while insurance, healthcare, government and freight end markets remain qualitative context.
Limitation: The filing does not allocate revenue into a universal prohibited-activity numerator, and it does not separately disclose gross interest income.
Purification
Gross interest income is not separately disclosed; ZakatInvest does not assert a purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from Roper's March 31, 2026 Form 10-Q.
- Debt is current and long-term debt carrying value; receivables combine accounts receivable of $877.3 million and unbilled receivables of $142.7 million.
- Quarterly net revenue was $2,095.3 million. The filing does not separately disclose gross interest income, so no income numerator is invented.
- Roper provides vertical-market software and application-specific products across application software, network software and technology-enabled products; the filing does not provide a universal prohibited-revenue numerator.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Business activity
Roper's portfolio spans Application Software such as Aderant, Deltek, PowerPlan and Vertafore; Network Software such as DAT Solutions and iPipeline; and technology-enabled products including Neptune water meters and Verathon medical systems. These are general-purpose software, instrumentation and healthcare products rather than financial products.
Qualitative context
iPipeline and Vertafore support conventional insurance workflows, while DAT serves freight brokerage. The products themselves are policy-administration, agency-management and freight-matching software, so the permissibility question is board- and school-dependent rather than an automatic prohibited-revenue finding. Roper is also a serial acquirer with material debt.
What the filing changes
The March 31, 2026 filing reports $10.46 billion of debt, $382.9 million of cash, $1.020 billion of receivables including unbilled receivables and $2.095 billion of quarterly revenue against $34.55 billion of assets. Gross interest income is not separately disclosed.
Bottom line
ROP remains generally halal but incomplete. Recheck the next filing and use the methodology applied by your preferred Sharia adviser.