Is Teladoc Health Stock Halal?

Is Teladoc Health Stock Halal?

How much of Teladoc’s revenue comes from haram?

Teladoc primarily earns its revenue from virtual health care services by charging subscription fees and per-telehealth visit fees. 

Practical Islamic Finance concludes:

None of Teladoc’s revenue comes from anything inherently haram.

Does Teladoc rely on interest to operate?

Teladoc reports its Interest Income & Expenses as a net value.

According to the company’s annual report for the fiscal year ended December 31, 2020 (Numbers in thousands, U.S. dollars):

Interest Expense (net): $60,495

Total Expenses: $1,512,147

Interest Expense / Total Expense: 4.00%

Practical Islamic Finance concludes:

Riba is used but not relied upon in Teladoc’s operations.

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


No notable environmental highlights. 


A 2017 study from Health Affairs found on average, telehealth visits cost about $79, while an office visit’s average cost is nearly double, averaging $146. 

Practical Islamic Finance sees this as a positive development for making health care affordable to more individuals. 

Additionally, Teladoc has a high Glassdoor rating of 4.0 out of 5.0 from over 200 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.


No notable governance highlights. 

Practical Islamic Finance concludes:

Teladoc has a net positive ESG impact.

Comfort Rating

From Teladoc’s business, financial, and ESG reviews, Practical Islamic Finance rates Teladoc as:

Comfortable to invest in from a Halal perspective.


Teladoc Form 10-K 

Teladoc Health Reviews 

Why you should take advantage of your telemedicine options 

Subscribe to get our “Intro to Halal-Conscious Investing” and much more for FREE!

Enter your email address to subscribe:*