Is COE (COE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.8% / 30% | 19.5% / 30% | 0.5% / 30% | 0.45% / 5% | ✓ HALAL |
| DJIM | 1.8% / 33% | 19.5% / 33% | 0.5% / 33% | 0.45% / 5% | ✓ HALAL |
| MSCI | 6.1% / 33% | 66.4% / 33% | 1.6% / 33% | 0.45% / 5% | ✗ NOT HALAL |
| S&P | 1.8% / 33% | 19.5% / 33% | 0.5% / 33% | 0.45% / 5% | ✓ HALAL |
| FTSE | 6.1% / 33% | 66.4% / 33% | 1.6% / 50% | 0.45% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.3% | |
| Operating Margin | -15.8% | |
| Net Margin | -13.1% | |
| Return on Assets (ROA) | -10.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $6M |
| Free Cash Flow | $6M |
| Total Debt | $3M |
| Current Ratio | 0.7 |
| Total Assets | $44M |
Price & Trading
| Last Close | $18.43 |
| 50-Day MA | $24.65 |
| 200-Day MA | $34.33 |
| Avg Volume | 4K |
| Beta | 0.3 |
|
52-Week Range
$13.60
| |
About COE (COE)
51Talk Online Education Group, through its subsidiaries, engages in providing online education platform with English language education services to students in the People's Republic of China, Hong Kong, the Philippines, Singapore, Malaysia, and Thailand. It operates online and mobile education platforms that enable students to take live interactive English and Chinese lessons, on demand, fostering the development of all aspects of English and Chinese proficiency. The company's flagship courses include Classic English Junior and Classic English for the development of English communication skills, as well as AI-empowered knowledge preview and AI-empowered reading lessons. It also offers small group lessons. The company was formerly known as China Online Education Group and changed its name to 51Talk Online Education Group in September 2022. 51Talk Online Education Group was founded in 2011 and is headquartered in Singapore.
Purification Calculator
As a halal stock with 0.45% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is COE (COE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), COE is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is COE's debt ratio?
COE's debt ratio is 1.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 6.1%.
Does COE require dividend purification?
Yes, COE has an impermissible income ratio of 0.45%, which means 0.45% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are COE's key financial metrics?
COE has a market capitalization of $111M, and revenue of $51M. The company maintains a gross margin of 75.3% and a net margin of -13.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.