Is Atlassian Corp (TEAM) Halal?

NASDAQ Technology Australia $17.2B
✓ HALAL
Confidence: 95/100
Atlassian Corp (TEAM) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 5.6% against the AAOIFI threshold of 30%, Atlassian Corp comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 5.6%
/ 30%
13.3%
/ 30%
3.5%
/ 30%
2.15%
/ 5%
✓ HALAL
DJIM 5.6%
/ 33%
13.3%
/ 33%
3.5%
/ 33%
2.15%
/ 5%
✓ HALAL
MSCI 20.5%
/ 33%
48.6%
/ 33%
12.9%
/ 33%
2.15%
/ 5%
✗ NOT HALAL
S&P 5.6%
/ 33%
13.3%
/ 33%
3.5%
/ 33%
2.15%
/ 5%
✓ HALAL
FTSE 20.5%
/ 33%
48.6%
/ 33%
12.9%
/ 50%
2.15%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.72
P/B Ratio
10.9
EV/EBITDA
-731.9
EV: $16.8B
Revenue
$5.2B
Growth: 23.3%
Beta
1.0
Average volatility
Current Ratio
0.9

Profitability

Gross Margin 84.1%
Operating Margin -3.0%
Net Margin -3.3%
Return on Equity (ROE) -13.5%
Return on Assets (ROA) -1.4%

Cash Flow & Balance Sheet

Operating Cash Flow$1.5B
Free Cash Flow$1.4B
Total Debt$1.2B
Debt-to-Equity76.4
Current Ratio0.9
Total Assets$6.0B

Price & Trading

Last Close$68.13
50-Day MA$90.72
200-Day MA$150.38
Avg Volume6.0M
Beta1.0
52-Week Range
$64.30
$242.00

About Atlassian Corp (TEAM)

CEO
Mr. Michael Cannon-Brookes
Employees
13,813
Sector
Technology
Industry
Software - Application
Country
Australia
Exchange
NASDAQ
Market Cap
$17.2B
Currency
USD

Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. Its product portfolio includes Jira, a project management platform for planning, tracking, and managing work; Confluence, a connected workspace to create, organize, and share team knowledge, documents, and collaboration content; Loom, an asynchronous video communication tool to record and share videos; Jira Service Management, an intuitive service management solution for IT, HR, and other teams; and Rovo, an AI offering that assists teams with its Search, Chat and Agent capabilities. The company also offers Bitbucket, a git-based source code management platform for professional development teams; Compass, a developer portal that provides a unified view of engineering components; Jira Product Discovery, a tool to capture, prioritize, and roadmap product ideas; Jira Align, an enterprise agility solution that connects business and technology teams to align strategy with execution; Focus, a strategy hub for leadership teams; and Talent, a workforce planning app. In addition, it provides Trello, an AI-powered personal productivity tool; and Guard, an app for detecting and responding to security threats. The company has a strategic collaboration with Mattermost, Inc. for the development of Mattermost Docs, a sovereign, self-hosted successor to Confluence for defense, intelligence, and critical infrastructure organizations. The company was founded in 2002 and is headquartered in Sydney, Australia.

Purification Calculator

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Frequently Asked Questions

Is Atlassian Corp (TEAM) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Atlassian Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Atlassian Corp's debt ratio?

Atlassian Corp's debt ratio is 5.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 20.5%.

Does Atlassian Corp require dividend purification?

Yes, Atlassian Corp has an impermissible income ratio of 2.15%, which means 2.15% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Atlassian Corp's key financial metrics?

Atlassian Corp has a market capitalization of $17.2B, and revenue of $5.2B. The company maintains a gross margin of 84.1% and a net margin of -3.3%. Return on equity stands at -13.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.