Is LOPE halal?
Grand Canyon Education, Inc.
Halal
Grand Canyon Education, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
161.58
Day
+0.09%
Market cap
$4.14B
Industry
Education & Training Services
Sector
Consumer Defensive
What the company does
Grand Canyon Education provides education services (marketing, technology, admissions) to Grand Canyon University (Phoenix, 120,000+ students, mostly online) and other universities. Its money comes from service 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 ÷ 36-month average market cap $4.59B = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $274.53M ÷ 36-month average market cap $4.59B = 6.0%
6.0%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $13.94M ÷ annual revenue $1.11B (2025) = 1.3%
1.3%
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: $4.14B.
For information (AAOIFI 3/1 note): cash + receivables are 34.5% 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
- 0.01% · #616 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Education & Training Services — for comparison.
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- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.