Is Palantir Technologies Inc (PLTR) stock halal to invest in?

Q: Is Palantir Technologies Inc (PLTR) stock halal to invest in?

Halal Investors analysed and rated Palantir Technologies Inc (PLTR) with the comfort rating: 'Questionable'. We scored Palantir Technologies Inc (PLTR) with the following scores: Business score: 5/5, Financial score: 4/5, ESG score: 3/5.

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides palantir gotham, a software platform which enables users to identify patterns hidden deep within... Read More

Industry: Software Sector: Information Technology

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

Palantir Technologies Inc (PLTR)

Questionable See Alternatives

Business Score

Financial Score

ESG Score

Report Summary

None of the business's revenue comes from Haram.
Interest is used but is not relied on to run the company.
It is questionable whether the company’s net impact is positive or negative on at least one of the following: environment, society or 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.