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Is Walgreens Boots Alliance Inc (WBA) stock halal to invest in?

Walgreens Boots Alliance, Inc. operates as an integrated healthcare, pharmacy, and retailer in the United States (U.S.), the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment... Read More

Industry: Food Staples Retailing Sector: Consumer Staples

Currently in review check back by end of Jan 2022

Walgreens Boots Alliance Inc (WBA)

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Report Summary

  • Only a non-material part of business's revenue comes from Haram.
  • Interest is somewhat relied on to run the company.
  • The company has a net negative impact 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.

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