ScanSource, Inc.

SCSC: Is ScanSource, Inc. Halal?

ScanSource, Inc.

NASDAQTechnologyUS

$53.08

-0.71%

Market Cap: 1.1B

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

B+

Good

79Score

Is ScanSource, Inc. (SCSC) halal? Halal. Based on AAOIFI screening, ScanSource, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 79/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

11.9% of 30.0% limit

What this means for you

You can own SCSC

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.4% of your income from SCSC

That is about $0.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About ScanSource, Inc.

ScanSource, Inc. is an international technology distributor, providing a wide array of products and solutions across the United States, Canada, and other global regions. The company's business activities are structured into two distinct segments: Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions division offers a comprehensive suite of products focusing on enterprise mobile computing, data capture, barcode printing, point-of-sale (POS) systems, payment processing, networking, electronic physical security, and cybersecurity. Specifically, its data capture and POS solutions are engineered to automate the collection, processing, and transmission of information for diverse commercial and industrial uses, spanning retail, distribution, shipping, inventory control, materials handling, warehouse management, and healthcare applications. This segment also provides electronic physical security items, such as identification systems, access control, video surveillance, intrusion detection, and wireless and networking infrastructure. The Modern Communications & Cloud segment is dedicated to an extensive portfolio of communication technologies and services. This includes voice solutions, video conferencing, wireless connectivity, data networking, cable infrastructure, unified communications and collaboration (UC&C), cloud services, general technology services, and IP networks. These offerings are often customized for specific vertical markets, including education, healthcare, and government. ScanSource serves a broad spectrum of industries, such as manufacturing, warehousing and distribution, retail and e-commerce, hospitality, transportation and logistics, government, education, and healthcare. Founded in 1992, the company maintains its headquarters in Greenville, South Carolina.

Sector: Technology · Industry: Technology Distributors

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

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

Fiscal: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is ScanSource, Inc. (SCSC) halal to invest in?
Based on AAOIFI Standard 21 screening, ScanSource, Inc. (SCSC) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did ScanSource, Inc. get a B+ compliance rating?
ScanSource, Inc. (SCSC) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.9% (limit 30%); interest-bearing deposits of 11.7% (limit 30%); prohibited income of 0.37% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ScanSource, Inc.'s Shariah verdict?
ScanSource, Inc.'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 ScanSource, Inc. re-screened for Shariah compliance?
ScanSource, Inc. (SCSC) 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: Jul 19, 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.