Is Toast, Inc. (TOST) stock halal to invest in?

Q: Is Toast, Inc. (TOST) stock halal to invest in?

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

Toast, Inc. operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and... Read More

Industry: It Services Sector: Information Technology

Toast, Inc. (TOST)

Comfortable

Business Score

Financial Score

ESG Score

Last updated: 1/2/2022

Report Summary

None of the business's revenue 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.