Is Uber Technologies Inc (UBER) stock halal to invest in?

Q: Is Uber Technologies Inc (UBER) stock halal to invest in?

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

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services; and connects riders... Read More

Industry: Road Rail Sector: Industrials

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

Uber Technologies Inc (UBER)

Uncomfortable See Alternatives

Business Score

Financial Score

ESG Score

Report Summary

A material part of the business’s revenue comes from Haram.
Interest is used but is not 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.