Is Oscar Health (OSCR) stock halal to invest in?

Q: Is Oscar Health (OSCR) stock halal to invest in?

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

Oscar Health, Inc. provides health insurance products and services in the United States. The company offers Individual & Family, Small Group, and Medicare Advantage plans, as well as +Oscar, a technology driven platform designed to help providers and payor clients... Read More

Industry: Insurance Sector: Financials

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

Oscar Health (OSCR)

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.