Is Beam Stock Halal?

Is Beam Stock Halal?

This report attempts to answer the question “Is Beam Stock Halal?” by analyzing Beam’s Business, Financial, Environmental, Social, and Governance (ESG) impact.

The report finds that:

  • From a business perspective, Beam does not generate a material part of its revenue from haram sources.
  • From a financial perspective, Beam has no material reliance on interest (riba) in its operations.
  • From an ESG perspective, Beam has an overwhelmingly positive impact.
  • We conclude with a Comfortable rating for Beam stock.

For more details, read below…


Beam Therapeutics Inc. is an American biotechnology company conducting research in the field of gene therapies and genome editing. The company is headquartered in Cambridge, Massachusetts.

How much of Beam Therapeutics (BEAM) revenue comes from haram?

As of December 31, 2021, Beam Therapeutics has no revenue from product sales since they are still in the research and development phase. Currently, their only source of revenue is from license and collaboration agreements.

Practical Islamic Finance concludes:

None of Beam Therapeutics Inc.’s Revenue comes from anything inherently haram.

Does Beam Therapeutics (BEAM) rely on interest to operate?

Interest Expense$0$0
Total Operating Expense$30.5$98.6
Interest Expense / Total Operating Expense0%0%

*Numbers in thousands, of U.S. dollars

Practical Islamic Finance concludes:

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

What are Beam Therapeutics (BEAM)’s Environmental, Social, and Governance (ESG) Impacts?


No notable environmental highlights.


Beam Therapeutics Inc. is developing a portfolio of product candidates in disease areas such as hematology, oncology, liver diseases, and CNS diseases. Their novel gene technology, if successful will be of great benefit to humanity.

Beam Therapeutics Inc. has a Glassdoor rating of 4.7 out of 5.0. They are continually ranked in the top 10 places to work by Boston Globe’s survey for the last 3 years.


No notable governance highlights.

Practical Islamic Finance concludes: 

Beam Therapeutics Inc. has a net positive ESG impact. 

Is Beam Stock Halal?

From Beam Therapeutics (BEAM)’s business, financial, and ESG reviews, Practical Islamic Finance rates Beam Therapeutics (BEAM) stock as: 

Comfortable to invest in from a halal perspective.

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