Elite Education Group International Limited

EEIQ: Is Elite Education Group International Limited Halal?

Elite Education Group International Limited

NASDAQConsumer DefensiveUS

$2.41

-7.50%

Market Cap: 2.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Elite Education Group International Limited (EEIQ) halal? Not Halal. Based on AAOIFI screening, Elite Education Group International Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

220.2% of 30.0% limit

What this means for you

Most scholars advise not holding EEIQ

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Elite Education Group International Limited

Elite Education Group International Limited, along with its affiliated entities, focuses on assisting Chinese students throughout their academic journey in the United States, providing comprehensive services both before and after their arrival. The company offers extensive pre-departure support, which includes guidance for international English language proficiency tests – from advising and registration to appropriate placement, especially for individuals with developing English skills. They also navigate students through the university admission application process, provide expert counsel and aid for obtaining necessary visas, and manage crucial logistical and organizational arrangements before students travel to their educational institutions. Once students arrive, EEIQ extends its support by coordinating housing solutions, including on-campus dormitory options, delivering initial welcome assistance, and offering meal services. To further enhance the student experience, the firm provides academic mentorship, helps secure internship opportunities, and operates shuttle transportation. This Middletown, Ohio-based company was established in 2012.

Sector: Consumer Defensive · Industry: Education & Training Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Consumer Defensive

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Frequently Asked Questions

Is Elite Education Group International Limited (EEIQ) halal to invest in?
Elite Education Group International Limited (EEIQ) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Elite Education Group International Limited get a F compliance rating?
Elite Education Group International Limited (EEIQ) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 220.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Elite Education Group International Limited's Shariah verdict?
Elite Education Group International Limited'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 Elite Education Group International Limited re-screened for Shariah compliance?
Elite Education Group International Limited (EEIQ) 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 26, 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.