Is StoneX Group, Inc. SNEX stock halal to invest in?

No, as of August 2026, StoneX Group, Inc. stock (SNEX) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. StoneX Group, Inc. currently does not meet the threshold for the non-permissible income, interest-bearing investments and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of StoneX Group, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is StoneX Group, Inc. SNEX reviewed for Shariah compliance?

Tabadulat reviews StoneX Group, Inc. SNEX for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for StoneX Group, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does StoneX Group, Inc. SNEX pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, StoneX Group, Inc. stock (SNEX) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. StoneX Group, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does StoneX Group, Inc. SNEX pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, StoneX Group, Inc. stock (SNEX) does not pass the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. StoneX Group, Inc.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does StoneX Group, Inc. SNEX pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, StoneX Group, Inc. stock (SNEX) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. StoneX Group, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for StoneX Group, Inc. SNEX stock?

StoneX Group, Inc. (SNEX) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If StoneX Group, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does StoneX Group, Inc. SNEX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, StoneX Group, Inc. stock (SNEX) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. StoneX Group, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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StoneX Group, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

SNEX

About

StoneX Group, Inc.

SNEX

StoneX Group Inc. is a diversified financial services company that provides comprehensive trading, risk management, and market advisory services. Operating in the global financial markets, StoneX serves a wide range of clients, including institutional investors, hedge funds, corporate entities, and high-net-worth individuals. Its primary function is to facilitate access to over-the-counter markets, exchange-traded futures and options, and the foreign exchange markets. With a strong presence in the commodities sector, StoneX specializes in physical commodities trading and offers customized hedging solutions to mitigate risk exposure. Headquartered in New York, the company has a robust infrastructure supporting its extensive brokerage and consulting services. StoneX is integral to ensuring liquidity and transparency in the markets it operates in, and its diverse client base underscores its role in maintaining efficient market operations globally. By leveraging its deep industry expertise, StoneX Group Inc. continues to be a pivotal force in fostering market integrity and providing strategic insights that align with the dynamic needs of its clients.

Sector:

Financial Services

Industry:

Capital Markets

Employees:

5430

Website:

https://www.stonex.com

SNEX

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StoneX Group, Inc.

About

StoneX Group, Inc.

SNEX

Frequently asked questions

Is StoneX Group, Inc. SNEX stock halal to invest in?

How often is StoneX Group, Inc. SNEX reviewed for Shariah compliance?

Does StoneX Group, Inc. SNEX pass the AAOIFI Non Permissible Income criteria?

Does StoneX Group, Inc. SNEX pass the AAOIFI Interest Bearing Investments criteria?

Does StoneX Group, Inc. SNEX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for StoneX Group, Inc. SNEX stock?

Does StoneX Group, Inc. SNEX pass the AAOIFI Preference Share screen?

Can I buy StoneX (SNEX) stock on Tabadulat?

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