Is Arista Networks Stock Halal?

Is Arista Networks Stock Halal?

How much of Arista Networks’ revenue comes from haram?

Arista Networks is a networking company that specializes in designing Multilayer Network Switches typically used in data centers, cloud computing, and high-frequency trading environments. 

Arista earns its revenue from the following segments:

  • Product Revenue:

Includes revenue generated from sales of Arista’s switching and routing products, as well as software licenses. These allow companies to transfer large amounts of data with low latency.    

  • Service Revenue:

Includes revenue generated from post-contract support which is typically sold alongside its products.

The contributions from each of Arista Networks’ revenue segments in their 2020 annual report were as follows:

Practical Islamic Finance concludes:

None of Arista Networks’ revenue comes from anything inherently haram.

Does Arista Networks rely on interest to operate?

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What is Arista Networks’ Environmental, Social, and Governance (ESG) impact?


In 2020, Arista networks reduced direct and indirect greenhouse emissions associated with purchasing electricity, heat, cooling, or steam by 10% from 2019. 

In addition, as of 2020, 34% of Arista Networks’ energy consumption comes from renewable sources.


Arista Networks has a Glassdoor rating of 4.2 out of 5.0 from over 600 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.


No notable governance highlights.

Practical Islamic Finance concludes:

Arista Networks has a net positive ESG impact.

Comfort Rating

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

Comfortable to invest in from a Halal perspective.


Arista Networks Q2 2021 10-Q

Arista Networks 2020 10-K

Arista Reviews

Arista Sustainability

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