Is ContextLogic Inc. (d/b/a Wish) (WISH) stock halal to invest in?

Q: Is ContextLogic Inc. (d/b/a Wish) (WISH) stock halal to invest in?

Halal Investors analysed and rated ContextLogic Inc. (d/b/a Wish) (WISH) with the comfort rating: 'Comfortable'. We scored ContextLogic Inc. (d/b/a Wish) (WISH) with the following scores: Business score: 4/5, Financial score: 5/5, ESG score: 4/5.

ContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects users to merchants. It also provides marketplace and logistics services to merchants. The company was... Read More

Industry: Internet Direct Marketing Retail Sector: Consumer Discretionary

ContextLogic Inc. (d/b/a Wish) (WISH)

Comfortable

Business Score

Financial Score

ESG Score

Last updated: 3/25/2022

Report Summary

Only a non-material part of 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.