Is Clover Health Investments (CLOV) stock halal to invest in?

Q: Is Clover Health Investments (CLOV) stock halal to invest in?

Halal Investors analysed and rated Clover Health Investments (CLOV) with the comfort rating: 'Comfortable'. We scored Clover Health Investments (CLOV) with the following scores: Business score: 4/5, Financial score: 5/5, ESG score: 4/5.

Industry: Health Care Providers Services Sector: Healthcare

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

Clover Health Investments (CLOV)

Comfortable

Business Score

Financial Score

ESG Score

Report Summary

Only a non-material part of business's revenue comes from Haram.
Interest is not used while running 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.

Is Clover Health Investments (CLOV) stock halal to invest in?

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