EDTK
Skillful Craftsman Education
Is EDTK Halal?
Education technology — knowledge and education are highly valued in Islam.
What You Should Know
Skillful Craftsman's September 30, 2025 Form 6-K statements report USD 14.948 million of assets, USD 1.051 million of debt and lease liabilities, USD 0.568 million of cash, USD 0.048 million of current receivables and no operating revenue. Debt/assets is 7.03%, liquidity/assets is 3.80% and receivables-plus-cash/assets is 4.11%; the issuer is pre-revenue/no operating revenue, so the income and activity screens remain incomplete. Its education and technical-services core is generally permissible, while the large private-company investment and post-VIE perimeter require qualitative review.
⚠️ Concerns
- •No operating revenue was reported for the latest six-month period
- •Private-company investment is a material asset outside the identifiable liquidity proxy
- •Education, cloud-services and related-party structures require qualitative review
- •No fixed purification percentage is asserted for disclosed interest income
Current quantitative Sharia screen
Based on 6-K figures for the period ended 2025-09-30; calculated 2026-07-15.
1.051 / 14.948
0.568 / 14.948
0.615 / 14.948
- Financial
- Incomplete
- Overall
- Incomplete
Debt/assets is 7.03%, liquidity/assets is 3.80% and receivables plus cash/assets is 4.11%; the issuer is pre-revenue/no operating revenue, so the activity and income screens remain incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 7.03%, identifiable liquidity/assets is 3.80% and receivables-plus-cash/assets is 4.11%; no operating-revenue denominator is available and the private investment perimeter remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 7.03% and conventional liquidity/assets is 3.80%; the issuer is pre-revenue/no operating revenue, so this is not an official classification.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed average-market-cap series is not stored; asset-based financial ratios pass, subject to the incomplete business screen.
Business-activity disclosure
Skillful Craftsman provides vocational education and technical/cloud services. Education and technology services are generally permissible, but discontinued operations, private-company investments, government/academic customers and the post-VIE restructuring require qualitative review.
Limitation: The filing does not isolate a universal prohibited-revenue numerator across education, technical services and historical discontinued operations.
Purification
Skillful Craftsman discloses $3.312 million of interest income, but ZakatInvest does not prescribe a scholar-approved purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from Skillful Craftsman's September 30, 2025 Form 6-K financial statements filed January 16, 2026.
- The issuer reported no operating revenue for the six months ended September 30, 2025; it remains pre-revenue/no operating revenue, so an income-ratio numerator is unavailable rather than treated as zero.
- Total assets were $14.947654 million, including a $14.187730 million long-term private-company investment excluded from identifiable interest-bearing securities. Cash was $0.567533 million and other plus related-party current receivables were $0.047717 million.
- The $1.000 million related-party promissory note and $0.051263 million current operating-lease liability are included in the debt proxy. The filing reports $0.001060 million of interest income and $0.018 million of interest expense, but no purification prescription is asserted.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →