Is Elme Communities halal to invest in?

As of July 2026, Elme Communities ELME is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Elme Communities a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Elme Communities using these criteria to determine its compliance status.

Can Muslims buy shares of Elme Communities?

Muslim investors may consider investing in Elme Communities if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Elme Communities classified as NOT HALAL?

Musaffa determines the Shariah status of Elme Communities by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Elme Communities updated?

The Shariah compliance status of Elme Communities may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Elme Communities become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Elme Communities?

You can check the latest Shariah compliance status of Elme Communities on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ELME Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Elme Communities is classified as not halal.

NOT HALAL

Report Source: 2026 1st Quarter Report

Elme Communities. Stock Analysis ELME

United States Real Estate Micro Cap Report: Q1, 2026

Elme Communities engages in the provision of ownership and operation of apartment communities. The company is headquartered in Bethesda, Maryland. The firm operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities (the Residential segment). The Company’s properties include Riverside Apartments, Elme Bethesda, Elme Germantown, Elme Watkins Mill, 3801 Connecticut Avenue, Kenmore Apartments, Elme Conyers, Elme Marietta and Elme Sandy Springs. The company also owns and operates approximately 300,000 square feet of commercial space (Watergate 600) in the Washington, DC metro region.

Key Statistics of Elme Communities (ELME)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$1.50$1.54

Today's Open

$1.50

Volume

1.10M

P/E Ratio (TTM)

52 Week Range

$1.26$17.68

Market Cap

137.73M

Avg. Volume

2.51M

Dividend Yield

47.13%

Financial Metrics & Statements of Elme Communities (ELME)

Super Investors Invested in Elme Communities (ELME)

FAQ's for Elme Communities (ELME)

As of July 2026, Elme Communities ELME is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Elme Communities using these criteria to determine its compliance status.
Muslim investors may consider investing in Elme Communities if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Elme Communities by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Elme Communities may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Elme Communities on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.