Is Duolingo, Inc. (DUOL) stock halal to invest in?

Q: Is Duolingo, Inc. (DUOL) stock halal to invest in?

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

Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language... Read More

Industry: Diversified Consumer Services Sector: Consumer Discretionary

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

Duolingo, Inc. (DUOL)

Comfortable

Business Score

Financial Score

ESG Score

Report Summary

Only a non-material part of 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.