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

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail... Read More

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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