Nerdy, Inc.

NRDY: Is Nerdy, Inc. Halal?

Nerdy, Inc.

NYSETechnologyUS

$10.33

+0.10%

Market Cap: 84.2M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Nerdy, Inc. (NRDY) halal? Not Halal. Based on AAOIFI screening, Nerdy, Inc. 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

Close to the limit

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

23.2% of 30.0% limit

What this means for you

Most scholars advise not holding NRDY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Nerdy, Inc.

Nerdy, Inc. provides a leading online platform dedicated to live learning experiences. At its core, the company utilizes a proprietary, custom-built platform, enhanced by technology including artificial intelligence, to efficiently connect students across various age groups with expert educators, creating significant value for both parties within its network. This comprehensive learning ecosystem delivers educational content spanning numerous subjects through diverse formats, encompassing personalized one-on-one instruction, collaborative small group sessions, large-scale virtual classes, and adaptable self-directed study modules. Its flagship offering, Varsity Tutors, specifically manages platforms for live online tutoring and virtual classroom environments. Nerdy's services are available both directly to individual learners and through collaborations with schools and other educational institutions. The company, founded in 2007, is headquartered in Saint Louis, Missouri.

Sector: Technology · Industry: Software - Application

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: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Nerdy, Inc. (NRDY) halal to invest in?
Nerdy, Inc. (NRDY) 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 Nerdy, Inc. get a F compliance rating?
Nerdy, Inc. (NRDY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Nerdy, Inc.'s Shariah verdict?
Nerdy, 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 Nerdy, Inc. re-screened for Shariah compliance?
Nerdy, Inc. (NRDY) 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.