17 Education & Technology Group (YQ) - Not Halal (Non-Compliant)
17 Education & Technology Group (YQ) 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: 5.2% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 196.8% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 8.1% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 8.13%.Based on the company's financial statements, approximately 8.13% of dividend income should be donated to charity for purification. This is derived from identified interest income (8.13% of total income). Some scholars may differ on the exact calculation method.
About 17 Education & Technology Group
17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. It provides teaching and learning SaaS products, such as classroom solutions, question banks, homework assignments, self-directed learning, and multi-role reporting, etc. for regional educational authorities and schools. The company also provides other educational products and services, including membership-based premium educational content subscriptions to its selected educational contents, light courses, Chinese reading, math oral arithmetic, reading machines, study plans, and associated services. 17 Education & Technology Group Inc. was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.
Frequently Asked Questions
Is 17 Education & Technology Group (YQ) stock halal to invest in?
According to AAOIFI Shariah screening standards, 17 Education & Technology Group (YQ) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

