American Public Education, Inc.

APEI: Is American Public Education, Inc. Halal?

American Public Education, Inc.

NASDAQConsumer DefensiveUS

$52.39

+0.21%

Market Cap: 961.0M

Compliance Status

Doubtful

Screened on Aug 29, 2026 · AAOIFI Standard 21

B

Acceptable

61Score

Is American Public Education, Inc. (APEI) halal? Doubtful. Based on AAOIFI screening, American Public Education, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 61/100 (Grade: B).

Quote this verdict

HalalScreener rates American Public Education, Inc. (APEI) Doubtful, 61/100, grade B under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/APEI

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

10.3% of 30.0% limit

What this means for you

You may own APEI, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened APEI's prohibited income, but the exact share you would need to purify is part of Pro.

About American Public Education, Inc.

American Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security. The company also provides nursing-and health sciences-focused postsecondary education, diploma in practical nursing, an associate degree in nursing, and an associate degree in medical laboratory technology. American Public Education, Inc. was incorporated in 1991 and is headquartered in Charles Town, West Virginia.

Sector: Consumer Defensive · Industry: Education & Training Services

Why This Stock Is Doubtful

  • Interest-bearing deposits are 29.7% of market cap, only 0.3 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 29, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is American Public Education, Inc. (APEI) halal to invest in?
American Public Education, Inc. (APEI) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did American Public Education, Inc. get a B compliance rating?
American Public Education, Inc. (APEI) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change American Public Education, Inc.'s Shariah verdict?
American Public Education, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is American Public Education, Inc. re-screened for Shariah compliance?
American Public Education, Inc. (APEI) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 29, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.