[Object] to provide an adhesive sheet for a flexible display, a laminate for a flexible display, and a flexible display, which do not cause whitening of a bent portion even if repeatedly bent, cause no displacement of an adhesive layer, and have excellent peel strength. [Solution] a laminate constituting a flexible display includes at least a transparent substrate and an adhesive layer. The adhesive layer exhibits a sea-island structure having domains (D) and matrices (M), and an area ratio D: M between the domains (D) and the matrices (M) specified by elastic modulus in cross section is 0.5:99.5:20:80. Selected drawing: Figure 2

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