Is Asana (ASAN) Halal to invest in?
Table of Contents
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?
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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 2021 10-K
Asana Pricing | Premium, Business, & Enterprise pricing plans • Asana