Is Elastic NV halal to invest in?

According to Musaffa's Shariah screening methodology, Elastic NV (ESTC) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Elastic NV 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 Elastic NV using these criteria to determine its compliance status.

Can Muslims buy shares of Elastic NV?

Muslim investors may consider investing in Elastic NV 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 Elastic NV classified as HALAL?

Musaffa determines the Shariah status of Elastic NV 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 Elastic NV updated?

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

Can a halal stock like Elastic NV 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 Elastic NV?

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

ESTC Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: March 10, 2026

Report Source: 2026 3rd Quarter Report

Analyst's Ratings for Elastic NV (ESTC)

Based on 34 analysts giving stock ratings to Elastic NV in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Elastic NV. Stock Analysis ESTC

United States Information Technology Mid Cap Report: Q3, 2026

Elastic NV is a data analytics company, which engages in the provision of open-source search and analytics engine services. The company is headquartered in Amsterdam, Noord-Holland and currently employs 3,827 full-time employees. The company went IPO on 2018-10-05. The Company’s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from large amounts of data and take action. The firm offers three search-powered solutions - Enterprise Search, Observability, and Security - that are built into the platform, which is built on the Elastic Stack, a set of software products that ingest data from any source, in any format, and perform search, analysis, and visualization of that data. The firm helps organizations, their employees, and their customers find what they need, while keeping mission-critical applications running smoothly, and protecting against cyber threats. The firm generates revenue primarily from sales of subscriptions to its platform.

Key Statistics of Elastic NV (ESTC)

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

Today's Range

$44.41$48.32

Today's Open

$51.60

Volume

2.52M

P/E Ratio (TTM)

52 Week Range

$44.41$96.07

Market Cap

6.95B

Avg. Volume

2.01M

Dividend Yield

Financial Metrics & Statements of Elastic NV (ESTC)

FAQ's for Elastic NV (ESTC)

According to Musaffa’s Shariah screening methodology, Elastic NV (ESTC) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.