Is BioNano Genomics Inc (BNGO) stock halal to invest in?

Q: Is BioNano Genomics Inc (BNGO) stock halal to invest in?

Halal Investors analysed and rated BioNano Genomics Inc (BNGO) with the comfort rating: 'Comfortable'. We scored BioNano Genomics Inc (BNGO) with the following scores: Business score: 5/5, Financial score: 4/5, ESG score: 5/5.

Bionano Genomics, Inc. provides genome analysis software solutions. It offers Saphyr, a sample-to-result solution for structural variation analysis by optical genome mapping for genome analysis and understanding of genetic variation and function; Saphyr instrument, a single-molecule imager; Saphyr Chip, a... Read More

Industry: Life Sciences Tools Services Sector: Healthcare

Currently in review using our new methodology check back by end of Jan 2022

BioNano Genomics Inc (BNGO)

Comfortable

Business Score

Financial Score

ESG Score

Report Summary

None of the business's revenue comes from Haram.
Interest is used but is not relied on to run the company.
The company has a substantial 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.