Is Dentsply Sirona Stock Halal?

Is Dentsply Sirona Stock Halal?

How much of Dentsply Sirona’s revenue comes from haram?

Dentsply Sirona develops and manufactures professional dental products.

Dentsply Sirona earns its revenue from the following revenue segments:

  • Consumables:

Includes revenue generated from the sale of dental supplies, small equipment, and specialized treatment products used in dental offices and laboratories.

  • Technologies and Equipment:

Includes revenue generated from the sale of basic and high-tech dental equipment which includes imaging equipment, dental handpieces, treatment centers, and computer-aided design systems for dental practitioners.  

The contributions from each of Dentsply Sirona’s revenue segments in their 2020 annual report were as follows:

Practical Islamic Finance concludes:

None of Dentsply Sirona’s revenue comes from anything inherently haram.

Does Dentsply Sirona rely on interest to operate?

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

Environment

In 2020, Dentsply Sirona reduced direct and indirect greenhouse emissions associated with purchasing electricity, heat, cooling, or steam by 8% from 2019. 

Additionally, in 2020, Dentsply Sirona reduced its energy consumption by 11% from 2019.

Social

According to Dentsply Sirona’s 2020 Sustainability Report, the company provided more than $10 million in cash and in-kind donations to philanthropic and community initiatives in 2020.

Dentsply Sirona has a Glassdoor rating of 3.3 out of 5.0 from over 750 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:

Dentsply Sirona has a net positive ESG impact.

Comfort Rating

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

Comfortable to invest in from a Halal perspective.

Sources

Dentsply Sirona 2020 10-K

Dentsply Sirona Q2 2021 10-Q

Dentsply Sirona Sustainability

Dentsply Sirona Reviews

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