Grand Canyon Education Inc

LOPE

Compliant
Exchange
Sector
Headquarters
Group
NASDAQ
Academic & Educational Services
United States of America
Mid cap

Grand Canyon Education Inc is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

1.32%

Impure Income*

$0.071

Purification*

$0.182

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Mid cap
STRONG BUY
$203.00
$202.00
$205.00
3
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
5.13%
27.56%
21.90%
0.00
3.78
99.32%

Shariah Compliance

  • Updated on April 14, 2025
Debt
✓
Non-Compliant Assets
✓
Impure Income
1.32%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
✓
Impure Income
1.32%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
✓
Impure Income
1.32%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
✓
Cash
31.88%
✓
Cash & AR
40.02%
✓
Impure Income
1.32%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
✓
Cash
31.88%
✓
Cash & AR
40.02%
✗
Impure Income
1.32%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
1.32%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Grand Canyon Education, Inc. is an education services company, which primarily serves colleges and universities. The Company has developed technological solutions, infrastructure and operational processes to provide services to its institutions on a large scale. It provides technology and academic services, which include learning management system (LMS), internal administration, infrastructure, support, program and curriculum, faculty and related training and development, class scheduling and skills and simulation lab sites. The Company provides counseling services and support, including admissions services, financial aid, counseling services, and field experience counseling. The Company provides marketing and communication services that include lead acquisition, digital communication strategies, brand identity advertising, media planning and strategy, video, data science and analysis. Its back-office services include finance and accounting, human resources, audit and procurement.

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