Is Beyond Meat Inc (BYND) stock halal to invest in?

Q: Is Beyond Meat Inc (BYND) stock halal to invest in?

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

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass... Read More

Industry: Food Products Sector: Consumer Staples

Beyond Meat Inc (BYND)

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.