Is EDU halal?
New Oriental Education & Techno
Not halal
New Oriental Education & Techno did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NYSE
Price
60.88
Day
+0.88%
Market cap
$9.41B
Industry
Education & Training Services
Sector
Consumer Defensive
What the company does
New Oriental is China's largest private education company: language and test-prep courses, overseas-study consulting and live-stream e-commerce (East Buy). Its money comes from tuition fees.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $0 ÷ current market cap $9.41B = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $5.78B ÷ current market cap $9.41B = 61.5%
61.5%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $76.91M ÷ annual revenue $5.66B (2026) = 1.4%
1.4%
Pass
Figures from the company's filings (2026-05-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
For information (AAOIFI 3/1 note): cash + receivables are 61.0% of total assets (2026-05-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $45.91
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Education & Training Services — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.