Perdoceo Education Corporation

PRDO: Is Perdoceo Education Corporation Halal?

Perdoceo Education Corporation

NASDAQConsumer DefensiveUS

$35.71

+0.22%

Market Cap: 2.2B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Perdoceo Education Corporation (PRDO) halal? Not Halal. Based on AAOIFI screening, Perdoceo Education Corporation 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

Well clear of the limit

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

5.3% of 30.0% limit

What this means for you

Most scholars advise not holding PRDO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Perdoceo Education Corporation

Perdoceo Education Corporation (PRDO) is a provider of higher education services in the United States, delivering its programs through online, campus-based, and hybrid learning models. The company's operations are divided into two main segments: Colorado Technical University and American InterContinental University. It offers a broad range of career-focused academic programs, including business and management, nursing, healthcare administration, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice. Additionally, it provides studies in general business, information technologies, education, and health sciences. Beyond its educational offerings, Perdoceo also utilizes innovative learning tools, such as its proprietary personalized learning platform called intellipath, along with a dedicated mobile application and a two-way messaging system. As of December 31, 2021, the institution enrolled approximately 40,400 students. Established in 1994, the company was formerly known as Career Education Corporation before officially changing its name to Perdoceo Education Corporation in January 2020. Its corporate headquarters are located in Schaumburg, Illinois.

Sector: Consumer Defensive · Industry: Education & Training Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

  1. Not Halalnow

    since Jul 2026

  2. Doubtful

    until the change above

  3. Not Halal

    until the change above

  4. Doubtful

    until the change above

  5. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Consumer Defensive

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

Free · No credit card required

Track PRDO and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Perdoceo Education Corporation (PRDO) halal to invest in?
Perdoceo Education Corporation (PRDO) 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 Perdoceo Education Corporation get a F compliance rating?
Perdoceo Education Corporation (PRDO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.3% (limit 30%); interest-bearing deposits of 31.3% (limit 30%); prohibited income of 3.04% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Perdoceo Education Corporation's Shariah verdict?
Perdoceo Education Corporation'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 Perdoceo Education Corporation re-screened for Shariah compliance?
Perdoceo Education Corporation (PRDO) 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: Jul 18, 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.