Is Qualcomm (QCOM) stock halal to invest in?

Q: Is Qualcomm (QCOM) stock halal to invest in?

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

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies... Read More

Industry: Semiconductors Semiconductor Equipment Sector: Information Technology

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

Qualcomm (QCOM)

Comfortable

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.
The company has a substantial 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.