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Is PayPal (PYPL) stock halal to invest in?

PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform... Read More

Currently in review check back by end of Jan 2022

PayPal (PYPL)

Uncomfortable
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Report Summary

  • A material part of the business’s revenue comes from Haram.
  • Interest is used but is not relied on to run the company.
  • The company has a net positive impact on the environment, society and governance.
What are Halal Investors' Comfort Levels?
Our Comfort Levels are based on our analysts’ latest review of a company's business, finances, and Environmental, Social and Governance (ESG) Impact. Our reports are not meant to be understood as a religious ruling (fatwa). Rather, they represent our best efforts in trying to identify whether a company is engaged in anything forbidden in Islam (haram) and to what extent. Based on our analysis, we determine our Comfort Level with investing in the company. We encourage readers to let us know if we missed anything in the comments and to voice their agreement/disagreement by leaving a thumbs up/down. Read more about our methodology.

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