How much of Zymergen’s revenue comes from haram?

Zymergen earns its revenue primarily from the following revenue sources: 

  • Research and Development Service Contracts:

Includes revenue generated from engaging in R&D services to help its customers develop bio-based products.

  • Collaboration Agreements:

Includes revenue generated from collaborative agreements with partners, primarily Sumitomo Chemical, to develop bio-manufactured products.

Zymergen does not expect product revenue in 2021 and expects product revenue to be immaterial in 2022. 

The contributions from each of Zymergen’s revenue segments in their Q2 2021 report were as follows:

Practical Islamic Finance concludes:

None of Zymergen’s revenue comes from anything inherently haram.

Does Zymergen rely on interest to operate?

for period ended
Fiscal year
Fiscal year
Interest Income $55$492$4,921
Total Revenue$9,622$13,284$15,419
Interest Expense $5,494$10,960$2,943
Total Expenses$190,690$254,373$252,532
Interest Income / Revenue0.57%3.70%31.92%
Interest Expense / Total Expense2.88%4.31%1.17%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes: 

Riba is used but not currently relied upon in Zymergen’s operations.

What is Zymergen’s Environmental, Social, and Governance (ESG) Impact?


No notable environmental highlights.


Zymergen has an in line with average Glassdoor rating of 3.2 out of 5 from over 130 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies. 


No notable governance highlights.

Practical Islamic Finance concludes: 

Zymergen has a net positive ESG impact. 

Comfort Rating 

From Zymergen’s business, financial, and ESG reviews, Practical Islamic Finance rates Zymergen stock as: 

Comfortable to invest in from a halal perspective.


Zymergen Q2 2021 10Q

Zymergen Registration Statements S-1/A 

Zymergen Reviews