Is Rivian Automotive, Inc. (RIVN) stock halal to invest in?

Q: Is Rivian Automotive, Inc. (RIVN) stock halal to invest in?

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

Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its... Read More

Industry: Automobiles Sector: Consumer Discretionary

Rivian Automotive, Inc. (RIVN)

Entirely Uncomfortable See Alternatives

Business Score

Financial Score

ESG Score

Last updated: 1/11/2022

Report Summary

The business’s revenue primarily 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.