
Is Standex International (SXI) stock Halal?
As of the September 2026 screening, Standex International Corp. (SXI) meets every AAOIFI Shariah Standard No. 21 requirement: non-permissible income, interest-bearing investments and interest-bearing debt all sit within the thresholds, and there is no impermissible preference share structure. The dividend purification factor is 98.16%. The stock is re-screened every month.
Standex International is a diversified global manufacturer known for its wide range of industrial products and solutions. Its primary function is to provide specialized equipment and components for various industry sectors, including food service equipment, engraving, engineering technologies, electronics, and hydraulics. Standex stands out due to its focus on innovation and customization, offering tailored solutions to meet specific customer needs in niche markets. For Muslim investors, though, the most pressing question is simpler: is Standex International a Halal investment?
Is Standex International Shariah compliant?
For industrial companies like Standex International, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Standex International pass the business activity test?
Yes. In the September 2026 screening Standex International holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Standex International's income Halal?
Yes, within AAOIFI's tolerance. Standex International's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 98.16% tells holders of SXI what share of each dividend to keep and what remainder to donate to charity.
Does Standex International meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has SXI re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



