How much of Asana’s revenue comes from haram?

Asana provides a work management platform that helps teams orchestrate work.

The company earns its revenue from charging teams and companies monthly subscription fees to use premium features and resources offered on its platform.

Practical Islamic Finance concludes:

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

Does Asana rely on interest to operate?

Most Recent Quarter
ended
1/31/2022
Fiscal year
ended
1/31/2022
Fiscal year
ended
1/31/2021
Interest Expense $307 $18,385 $36,178
Total Operating Expenses $199,012 $643,621 $402,571
Interest Expense /
Total Operating Expenses
0.15% 2.86% 8.99%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes:

Riba is used but not relied upon in Asana, Inc. operations.

What is Asana’s Environmental, Social, and Governance (ESG) impact?

Environment

No notable environmental highlights.

Social

Asana has an impressively high Glassdoor rating of 4.8 out of 5.0 from over 300 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:

Asana has a net positive ESG impact.

Comfort Rating

From Asana’s business, financials, and ESG reviews, Practical Islamic Finance rates Asana stock as: 

Comfortable to invest in from a Halal perspective.

Sources

Asana ESG Fact Sheet

Asana Reviews 

Asana Q2 2021 10-Q

Asana 2021 10-K
Asana Pricing | Premium, Business, & Enterprise pricing plans • Asana