Evolv Technologies Holdings Inc EVLV
$5.34 $0.06 (1.11%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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EVLV Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Evolv Technologies Holdings Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Evolv Technologies Holdings Inc. Stock Analysis EVLV
United States Information Technology Small Cap Evolv Technologies Holdings, Inc. engages in the manufacture and development of security screening products. The company is headquartered in Waltham, Massachusetts and currently employs 286 full-time employees. The company went IPO on 2020-02-29. The firm is developing artificial intelligence (AI)-based weapons detection to create safer experiences for venues and companies as well as schools, hospitals, and public spaces. Its solutions combine proprietary software and hardware, delivered as a long-term Security-as-a-Service (SaaS) subscription model and are designed to enhance security and improve the visitor experience. The firm offers two core solutions: Evolv Express and Evolv eXpedite, designed to efficiently screen high volumes of people and bags for concealed threats. Its flagship product, Evolv Express, uses advanced sensors, AI-powered software, and cloud services to not only consistently detect firearms, improvised explosives, and certain types of knives and distinguish them from many harmless items, such as cell phones and keys. In addition to screening capabilities, its solution includes Evolv Insights, a software analytics dashboard.
Evolv Technologies Holdings Inc (EVLV) Chart
Financial Metrics & Statements of Evolv Technologies Holdings Inc (EVLV)
FAQ's for Evolv Technologies Holdings Inc (EVLV)
- As of August 2026, Evolv Technologies Holdings Inc EVLV 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 Evolv Technologies Holdings Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Evolv Technologies Holdings Inc 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 Evolv Technologies Holdings Inc 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 Evolv Technologies Holdings Inc 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 Evolv Technologies Holdings Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Evolv Technologies Holdings Inc (EVLV)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
