Is Redfin Corporation (RDFN) stock halal to invest in?

Q: Is Redfin Corporation (RDFN) stock halal to invest in?

Halal Investors analysed and rated Redfin Corporation (RDFN) with the comfort rating: 'Uncomfortable'. We scored Redfin Corporation (RDFN) with the following scores: Business score: 4/5, Financial score: 2/5, ESG score: 4/5.

Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It... Read More

Industry: Real Estate Management Development Sector: Real Estate

Redfin Corporation (RDFN)

Uncomfortable See Alternatives

Business Score

Financial Score

ESG Score

Last updated: 3/17/2022

Report Summary

Only a non-material part of business's revenue comes from Haram.
Interest is somewhat 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.