Is Rent the Runway, Inc. (RENT) stock halal to invest in?

Q: Is Rent the Runway, Inc. (RENT) stock halal to invest in?

Halal Investors analysed and rated Rent the Runway, Inc. (RENT) with the comfort rating: 'Entirely Uncomfortable'. We scored Rent the Runway, Inc. (RENT) with the following scores: Business score: 5/5, Financial score: 1/5, ESG score: 4/5.

Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as... Read More

Industry: Internet Direct Marketing Retail Sector: Consumer Discretionary

Rent the Runway, Inc. (RENT)

Entirely Uncomfortable See Alternatives

Business Score

Financial Score

ESG Score

Last updated: 2/16/2022

Report Summary

None of the business's revenue comes from Haram.
Interest is 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.