Is Standex International Corp. SXI stock halal to invest in?

Yes, as of August 2026, Standex International Corp. stock (SXI) is 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. Standex International Corp. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 98.43%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Standex International Corp. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Standex International Corp. SXI reviewed for Shariah compliance?

Tabadulat reviews Standex International Corp. SXI 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 Standex International Corp. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Standex International Corp. SXI pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Standex International Corp. stock (SXI) passes 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. Standex International Corp.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Standex International Corp. SXI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Standex International Corp. stock (SXI) passes 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. This limit ensures shareholders are not materially profiting from riba (interest). Standex International Corp.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Standex International Corp. SXI pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Standex International Corp. stock (SXI) passes 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. This cap limits shareholders' exposure to interest-based leverage. Standex International Corp.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Standex International Corp. SXI stock?

As of August 2026, the dividend purification factor for Standex International Corp. (SXI) is 98.43%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Standex International Corp. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Standex International Corp. SXI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Standex International Corp. stock (SXI) 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. Standex International Corp. 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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Standex International Corp.

NYSE

Shariah-Compliant

Not Shariah

SXI

About

Standex International Corp.

SXI

Standex International Corporation 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. The company plays a critical role in the industrial sector by supplying products that meet stringent quality and performance standards. Standex's presence is particularly strong in industries such as aerospace, defense, food and beverage, and consumer electronics, among others. By leveraging advanced technologies and maintaining robust research and development efforts, Standex continues to support key industrial processes and operations globally. In the financial market, Standex International Corporation is recognized for maintaining a balanced portfolio, serving as a cornerstone for investors seeking exposure to a diversified manufacturing enterprise. Its ability to adapt to market changes and drive technological advancements underscores its ongoing significance in the industrial manufacturing landscape.

Sector:

Industrials

Industry:

Specialty Industrial Machinery

Employees:

4100

Website:

https://www.standex.com

SXI

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Standex International Corp.

About

Standex International Corp.

SXI

Frequently asked questions

Is Standex International Corp. SXI stock halal to invest in?

How often is Standex International Corp. SXI reviewed for Shariah compliance?

Does Standex International Corp. SXI pass the AAOIFI Non Permissible Income criteria?

Does Standex International Corp. SXI pass the AAOIFI Interest Bearing Investments criteria?

Does Standex International Corp. SXI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Standex International Corp. SXI stock?

Does Standex International Corp. SXI pass the AAOIFI Preference Share screen?

How do I buy Standex International (SXI) stock?

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