Deployed my code to EAP 7 Beta downloaded from JBoss site and get the same behaviour. So issues exists in 5.0.1.Final.

Here is the stack trace for the exception which is caught and then the code logs the message "Could not bind JNDI listener":

java.lang.ClassCastException: javax.naming.InitialContext cannot be cast to javax.naming.event.EventContext
at org.hibernate.engine.jndi.internal.JndiServiceImpl.addListener(JndiServiceImpl.java:225)
at org.hibernate.internal.SessionFactoryRegistry.addSessionFactory(SessionFactoryRegistry.java:91)
at org.hibernate.internal.SessionFactoryImpl.<init>(SessionFactoryImpl.java:543)
at org.hibernate.boot.internal.SessionFactoryBuilderImpl.build(SessionFactoryBuilderImpl.java:444)
at org.hibernate.jpa.boot.internal.EntityManagerFactoryBuilderImpl.build(EntityManagerFactoryBuilderImpl.java:802)
at org.jboss.as.jpa.hibernate5.TwoPhaseBootstrapImpl.build(TwoPhaseBootstrapImpl.java:44)
at org.jboss.as.jpa.service.PersistenceUnitServiceImpl$1$1.run(PersistenceUnitServiceImpl.java:154)
at org.jboss.as.jpa.service.PersistenceUnitServiceImpl$1$1.run(PersistenceUnitServiceImpl.java:117)
at org.wildfly.security.manager.WildFlySecurityManager.doChecked(WildFlySecurityManager.java:667)
at org.jboss.as.jpa.service.PersistenceUnitServiceImpl$1.run(PersistenceUnitServiceImpl.java:182)
at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617)
at java.lang.Thread.run(Thread.java:745)
at org.jboss.threads.JBossThread.run(JBossThread.java:320)