Is Samsara Inc. (IOT) stock halal to invest in?

Q: Is Samsara Inc. (IOT) stock halal to invest in?

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

Samsara Inc. provides solutions that connect physical operations data to its Connected Operations Cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has... Read More

Industry: Software Sector: Information Technology

Samsara Inc. (IOT)

Comfortable

Business Score

Financial Score

ESG Score

Last updated: 3/25/2022

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.