Is Stitch Fix (SFIX) Halal to invest in?

How much of Stitch Fix’s revenue comes from haram?

Stitch Fix sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application.

In addition, the company offers personalized shipments of items using algorithms by providing its customers the option to fill out a “style profile” and receive automatic shipments of apparel and accessories. 

Practical Islamic Finance concludes:

None of Stitch Fix’s revenue comes from anything inherently haram.

Does Stitch Fix rely on interest to operate?

[wbcr_php_snippet id=”11367″]

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

Environment

No notable environmental highlights.

Social

Stitch Fix has an average Glassdoor rating of 3.0 out of 5.0 from 1,600 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:

Stitch Fix’s ESG impact is acceptable.

Comfort Rating

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

Comfortable to invest in from a Halal perspective.

Sources

Q1 2022 10-Q

2021 FORM 10-K STITCH FIX, INC. 

Stitch Fix, Inc. (SFIX) Stock Price, News, Quote & History

Stitch Fix Reviews

Sign up for our newsletter and receive our “Beginner’s Guide to Halal Investing in Stocks” for FREE!

Enter your email address to subscribe:*