How much of New Relic’s revenue comes from haram?

New Relic offers a suite of products delivered on an open and extensible cloud-based platform that enables organizations to collect, store, and analyze data in real-time to better operate their applications and infrastructure and improve their digital customer experience.

Practical Islamic Finance concludes:

None of New Relic’s revenue comes from anything inherently haram.

Does New Relic rely on interest to operate?

for period ended
Fiscal year
Fiscal year
Interest Income $1,662$7,888$15,482
Total Revenue$376,178$667,648$599,510
Interest Expense $2,454$24,901$23,695
Total Expenses$497,083$839,048$684,999
Interest Income / Revenue0.44%1.18%2.58%
Interest Expense / Total Expense0.49%2.97%3.46%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes:

Riba is used but is not relied upon in New Relic’s operations.

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


No notable environmental highlights.


New Relic has a high Glassdoor rating of 4.1 out of 5.0 from over 700 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.


No notable governance highlights. 

Practical Islamic Finance concludes:

New Relic has a net positive ESG impact.

Comfort Rating

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

Comfortable to invest in from a Halal perspective.


New Relic 2021 10-K

New Relic Q2 2021 10-Q

New Relic Reviews