Dynatrace, Inc. is a global technology company that provides a software intelligence platform based on artificial intelligence (AI) and automation to monitor and optimize application performance, development and security, IT infrastructure, and user experience for businesses and government agencies throughout the world.

How much of Dynatrace’s revenue comes from haram?

As of December 31, 2021, Dynatrace reported having more than 3200 customers in 90 countries. The majority of the revenue comes from subscription fees while a small portion is derived from service and license fees. 

Practical Islamic finance concludes

None of Dynatrace, Inc’s. Revenue comes from anything inherently haram.

Does Dynatrace rely on interest to operate?

 Recent Quarter ended 12/31/2021Fiscal Year ended 3/31/2021Fiscal Year ended 3/31/2020
Interest Expense2,45014,20545,397
Total Operating Expense175,091483,905588,811
Interest Expense / Total Operating Expense1.40%2.94%7.71%

*Numbers in thousands, of U.S. dollars 

Practical Islamic finance concludes:

Riba is used but not relied upon in Dynatrace Inc.’s operations.

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

Environment

Dynatrace, Inc. is continually striving to reuse or recycle its IT equipment across all its global offices through Dell Technologies whose asset recovery services follow all local guidelines for asset disposal. Several of their office locations are powered by 100% renewable energy. In other locations, they prioritize LEED-certified properties which are globally recognized for the design, construction, and operation of high-performance green buildings or local equivalents.

Social

Dynatrace, Inc. has a Glassdoor rating of 4.4 out of 5.0. It gets continually ranked among the top 10 places to work. Dynatrace was honored by Comparably’s workplace awards in many categories including Best CEOs, Best Company Global Culture, and Best Places to Work in Boston, to name a few. It was also rated Top 10 Cloud companies to work for by Glassdoor & Battery Ventures.

Governance

Dynatrace, Inc. has not been involved in any major controversies or scandals.

Practical Islamic finance concludes:

Dynatrace, Inc. has a net positive ESG impact. 

Comfort Rating

From Dynatrace, Inc. business, financial, and ESG reviews, Practical Islamic Finance rates Dynatrace, Inc. stock as

Comfortable to invest in from a Halal perspective.

Sources

10K March 2021

10Q December 2021

ESG Rating by Sustainalytics

Glassdoor Rating

Dynatrace, Inc. ESG Policy

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