
EDUC: Is Educational Development Corporation Halal?
Educational Development Corporation
$1.36
-0.73%
Market Cap: 11.6M
Compliance Status
Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Good
Is Educational Development Corporation (EDUC) halal? Halal. Based on AAOIFI screening, Educational Development Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 78/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own EDUC
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened EDUC's prohibited income, but the exact share you would need to purify is part of Pro.
About Educational Development Corporation
Educational Development Corporation distributes children's books, educational toys and games, and related products in the United States. It operates through two segments, PaperPie and Publishing. The company owns and publishes Kane Miller books, Learning Wrap-Ups educational manipulatives, and SmartLab Toys, and is also the exclusive U.S. distributor of Usborne Publishing Limited children's books.
Sector: Communication Services · Industry: Publishing
Shariah Compliance Status
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.
- •Publishing: estimated 2.0% peripheral exposure (AAOIFI industry average)
Use the Purification Calculator to compute exactly how much of your dividend income to donate.
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is Educational Development Corporation (EDUC) halal to invest in?
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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.