Is Peloton (PTON) stock halal to invest in?

Q: Is Peloton (PTON) stock halal to invest in?

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

Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. It also... Read More

Industry: Leisure Products Sector: Consumer Discretionary

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

Peloton (PTON)

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.

Is Peloton (PTON) stock halal to invest in?

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