Coursera, Inc. (COUR) - Not Halal (Non-Compliant)
Coursera, Inc. (COUR) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Defensive
- Industry
- Education & Training Services
- Result
- Pass
- Reason
- The sector "Consumer Defensive" and industry "Education & Training Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 46.6% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 4.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 4.22%.Based on the company's financial statements, approximately 4.22% of dividend income should be donated to charity for purification. This is derived from identified interest income (4.22% of total income). Some scholars may differ on the exact calculation method.
About Coursera, Inc.
Coursera, Inc. operates an online learning platform that provides education and skills training in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through Consumer and Enterprise segments. The company offers guided projects, courses, and specializations; online bachelor's and master's degrees; postgraduate diplomas; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack programs in the domains of business, computer science, technology, and data science through Coursera.org for Individuals, Coursera Plus, Coursera for Enterprise, Coursera for Business, Coursera for Campus, and Coursera for Government; Helix, AI-native platform connecting skills discovery and personalized learning to verified capability and business outcomes. It offers its products to individuals, businesses, institutions, employers, colleges and universities, organizations, and governments. The company was formerly known as Dkandu, Inc. and changed its name to Coursera, Inc. in April 2012. Coursera, Inc. was incorporated in 2011 and is headquartered in Mountain View, California.

