Is Udemy, Inc. (UDMY) Halal?

NASDAQ Consumer Defensive United States $634M
✗ NOT HALAL
Confidence: 90/100
Udemy, Inc. (UDMY) is Not Halal under AAOIFI Standard 21. While the debt ratio of 1.4% is acceptable, the cash and interest-bearing securities ratio of 50.7% exceeds the 30% threshold. Udemy, Inc. operates in the Consumer Defensive sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.4%
/ 30%
50.7%
/ 30%
13.5%
/ 30%
1.8%
/ 5%
✗ NOT HALAL
DJIM 1.4%
/ 33%
50.7%
/ 33%
13.5%
/ 33%
1.8%
/ 5%
✗ NOT HALAL
MSCI 1.7%
/ 33%
58.1%
/ 33%
15.5%
/ 33%
1.8%
/ 5%
✗ NOT HALAL
S&P 1.4%
/ 33%
50.7%
/ 33%
13.5%
/ 33%
1.8%
/ 5%
✗ NOT HALAL
FTSE 1.7%
/ 33%
58.1%
/ 33%
15.5%
/ 50%
1.8%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
145.3
Forward: 7.0
EPS
$0.03
P/B Ratio
3.1
EV/EBITDA
50.0
EV: $286M
Revenue
$790M
Growth: -3.0%
Beta
1.7
High volatility
Current Ratio
1.3

Profitability

Gross Margin 65.6%
Operating Margin 0.2%
Net Margin 0.5%
Return on Equity (ROE) 1.9%
Return on Assets (ROA) 0.1%

Cash Flow & Balance Sheet

Operating Cash Flow$88M
Free Cash Flow$70M
Total Debt$10M
Debt-to-Equity4.9
Current Ratio1.3
Total Assets$618M

Price & Trading

Last Close$4.63
50-Day MA$4.83
200-Day MA$6.02
Avg Volume2.1M
Beta1.7
52-Week Range
$4.35
$8.30

About Udemy, Inc. (UDMY)

CEO
Mr. Hugo Sarrazin
Employees
1,380
Sector
Consumer Defensive
Industry
Education & Training Services
Country
United States
Exchange
NASDAQ
Market Cap
$634M
Currency
USD

Udemy, Inc., a learning company, that operates a marketplace platform for learning skills in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through Enterprise and Consumer segments. The company offers courses related to technology, business and soft skills, and personal development topics through its platform. It also provides professional services; learning architecture development and skills mapping; AI transformation packages; and seat-based subscription plans, including team plan, enterprise plan, and leadership academy, as well as the Udemy Business Pro add-on service. The company's platform gives access to interactive learning tools comprising quizzes and exercises, as well as the ability to ask questions and engage with the instructor directly; and Udemy AI assistant, a natural-language chat interface to help learners discover and engage with the company's content. It serves organizations, including enterprise and government customers; and individuals. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

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Frequently Asked Questions

Is Udemy, Inc. (UDMY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Udemy, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Udemy, Inc.'s debt ratio?

Udemy, Inc.'s debt ratio is 1.4% 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 1.7%.

What are Udemy, Inc.'s key financial metrics?

Udemy, Inc. has a market capitalization of $634M, trailing P/E ratio of 145.3, and revenue of $790M. The company maintains a gross margin of 65.6% and a net margin of 0.5%. Return on equity stands at 1.9%.

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.