Is LINC halal?
Lincoln Educational Services Co
Halal
Lincoln Educational Services Co passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 16 October 2026
Exchange
NASDAQ
Price
22.22
Day
-1.51%
Market cap
$709.0M
Industry
Education & Training Services
Sector
Consumer Defensive
What the company does
Lincoln Educational Services runs vocational colleges (Lincoln Tech) for auto mechanics, electricians, HVAC, welding and nursing. Money comes from tuition, much of it funded by federal student loans and grants.
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 $56.90M ÷ 36-month average market cap $681.75M = 8.3%
8.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $44.18M ÷ 36-month average market cap $681.75M = 6.5%
6.5%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $126K ÷ annual revenue $518.24M (2025) = 0.0%
0.0%
Pass
Figures from the company's filings (2026-06-30), 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. Today's market cap: $708.98M.
For information (AAOIFI 3/1 note): cash + receivables are 18.4% of total assets (2026-06-30). 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
- Among halal stocks
- 0.00% · #940 of 1455
- 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: $49.90
- First Eagle Investment Management$61.4M0.1%
Halal 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.