Is Dropbox Inc (DBX) stock halal to invest in?

Q: Is Dropbox Inc (DBX) stock halal to invest in?

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

Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features.... Read More

Industry: Software Sector: Information Technology

Dropbox Inc (DBX)

Comfortable

Business Score

Financial Score

ESG Score

Report Summary

None of the 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.