How much of Dropbox’s revenue comes from haram?
Dropbox provides a platform for individuals, teams, and organizations to collaborate on work effectively.
The company earns its revenue through its paid subscription plan, which offers consumers premium features.
Practical Islamic Finance concludes:
None of Dropbox’s revenue comes from anything inherently haram.
Does Dropbox rely on interest to operate?
|
Most Recent Quarter ended 3/31/2022 |
Fiscal year ended 12/31/2021 |
Fiscal year ended 12/31/2020 |
|
|---|---|---|---|
| Interest Expense | $3,200 | $12,700 | $10,800 |
| Total Operating Expenses | $472,900 | $1,851,000 | $1,792,700 |
| Interest Expense / Total Operating Expenses |
0.68% | 0.69% | 0.60% |
Practical Islamic Finance concludes:
Riba is used but not relied upon in Dropbox, Inc. operations.
What is Dropbox’s Environmental, Social, and Governance (ESG) impact?
Environment
No notable environmental highlights.
Social
Dropbox has an impressive Glassdoor rating of 4.1 out of 5.0 from over 800 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.
Governance
No notable governance highlights.
Practical Islamic Finance concludes:
Dropbox has a net positive ESG impact.
Comfort Rating
From Dropbox’s business, financial, and ESG reviews, Practical Islamic Finance rates Dropbox stock as:
