Is Roku (ROKU) stock halal to invest in?

Q: Is Roku (ROKU) stock halal to invest in?

Halal Investors analysed and rated Roku (ROKU) with the comfort rating: 'Uncomfortable'. We scored Roku (ROKU) with the following scores: Business score: 2/5, Financial score: 5/5, ESG score: 3/5.

Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports,... Read More

Industry: Entertainment Sector: Communication Services

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

Roku (ROKU)

Uncomfortable See Alternatives

Business Score

Financial Score

ESG Score

Report Summary

A material part of the business’s revenue comes from Haram.
Interest is not used while running the company.
It is questionable whether the company’s net impact is positive or negative on at least one of the following: environment, society or 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.