What is Concentrix Corporation's Shariah compliance score?

Concentrix Corporation's (CNXC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Concentrix Corporation pass AAOIFI screening?

Concentrix Corporation (CNXC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CNXC: 197.6%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Concentrix Corporation stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Concentrix Corporation (CNXC) using the latest financial data.

Where can I screen Concentrix Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Concentrix Corporation (CNXC) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CNXC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CNXC: Is Concentrix Corporation Halal?

Concentrix Corporation

NASDAQTechnologyUS

$26.27

+2.02%

Market Cap: 1.6B

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Concentrix Corporation (CNXC) halal? Not Halal. Based on AAOIFI screening, Concentrix Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Concentrix Corporation (CNXC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/CNXC

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

197.6% of 30.0% limit

What this means for you

Most scholars advise not holding CNXC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Concentrix Corporation

Concentrix Corporation operates globally, specializing in providing technology-enhanced solutions to optimize customer experiences (CX). The company's services encompass a wide array of offerings, including streamlining CX processes, driving technological innovation, automating both front-end and back-end operations, delivering insightful analytics, and facilitating comprehensive business transformations. Additionally, Concentrix assists clients with end-to-end customer lifecycle management, crafting effective customer/user experience strategies and designs, navigating digital shifts, and extracting valuable insights from "Voice of the Customer" data. Their diverse clientele spans various industries, such as consumer electronics, technology, e-commerce, and health insurance, as well as emerging global enterprises (IPOs), notable social media brands, and banking institutions. Concentrix Corporation was founded in 2009 and is headquartered in Fremont, California.

Sector: Technology · Industry: Information Technology Services

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

BVCA+

BitVentures Limited

$10.80

-7.46%

0008.KLA+

Willowglen MSC Bhd

$0.30

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.20

-0.03%

0023.KLA+

IFCA MSC Bhd

$0.21

+0.00%

0036.KLA+

Key Alliance Group Bhd

$0.07

+0.00%

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ADBE

Adobe Inc.

Free · No credit card required

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Frequently Asked Questions

Is Concentrix Corporation (CNXC) halal to invest in?

Concentrix Corporation (CNXC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Concentrix Corporation get a F compliance rating?

Concentrix Corporation (CNXC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 197.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Concentrix Corporation's Shariah verdict?

Concentrix Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Concentrix Corporation re-screened for Shariah compliance?

Concentrix Corporation (CNXC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 1, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.