Udemy, Inc.

UDMY: Is Udemy, Inc. Halal?

Udemy, Inc.

NASDAQConsumer DefensiveUS

$4.63

+0.00%

Market Cap: 677.3M

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Udemy, Inc. (UDMY) halal? Not Halal. Based on AAOIFI screening, Udemy, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Udemy, Inc. (UDMY) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/UDMY

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%.

1.5% of 30.0% limit

What this means for you

Most scholars advise not holding UDMY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Udemy, Inc.

Udemy, Inc. operates a broad digital ecosystem facilitating skill acquisition and knowledge sharing on a global scale. The company delivers a wide spectrum of educational content, encompassing technical expertise, business acumen, and personal enrichment programs, serving both individual users and organizational clientele. Through its direct-to-consumer channel and the corporate-tailored Udemy Business solution, nearly 50 million students have access to an extensive catalog of roughly 180,000 courses, supported in approximately 75 different languages. These educational offerings are designed to help learners achieve goals such as retooling or enhancing their competencies in technology and commerce, alongside cultivating essential interpersonal abilities. To enrich the learning experience, the platform incorporates interactive elements like quizzes, practical assignments, and direct Q&A sessions with instructors. Established in 2010, Udemy's primary operations are based in San Francisco, California.

Sector: Consumer Defensive · Industry: Education & Training Services

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Udemy, Inc. (UDMY) halal to invest in?
Udemy, Inc. (UDMY) 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 Udemy, Inc. get a F compliance rating?
Udemy, Inc. (UDMY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Udemy, Inc.'s Shariah verdict?
Udemy, 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 Udemy, Inc. re-screened for Shariah compliance?
Udemy, Inc. (UDMY) 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: Sep 1, 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.