Is MELI (MercadoLibre Inc.) halal?

Q: Is MELI (MercadoLibre Inc.) halal?

DOUBTFUL: Latin American e-commerce with fintech arm (lending). MercadoLibre is the leading e-commerce platform in Latin America. MercadoPago and MercadoCredito provide lending with interest (riba).

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MELI

MercadoLibre Inc.

DOUBTFUL

Score: 55/100

stock

Is MELI Halal?

Latin American e-commerce with fintech arm (lending).

What You Should Know

MercadoLibre is the leading e-commerce platform in Latin America. MercadoPago and MercadoCredito provide lending with interest (riba).

⚠️ Concerns

•MercadoPago lending involves riba
•Consumer credit products

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