StoneX Group Inc.

SNEX: Is StoneX Group Inc. Halal?

StoneX Group Inc.

NASDAQFinancial ServicesUS

$117.72

-4.02%

Market Cap: 9.3B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

198.5% of 30.0% limit

What this means for you

Most scholars advise not holding SNEX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About StoneX Group Inc.

StoneX Group Inc. operates as a global financial services provider, connecting a diverse range of entities, including corporations, organizations, traders, and investors, to the worldwide market ecosystem. Its Commercial division offers a comprehensive suite of services, such as risk mitigation, hedging strategies, execution and clearing for both exchange-traded and over-the-counter (OTC) products, voice-based brokerage, market intelligence, physical commodity trading, and specialized commodity financing and logistics solutions. The Institutional segment provides equity trading capabilities to its institutional clientele. It also plays a key role in originating, structuring, and distributing debt instruments across global capital markets. This segment handles a variety of international securities, including unlisted American Depository Receipts (ADRs), Global Depository Receipts (GDRs), and foreign ordinary shares. Furthermore, it functions as an institutional dealer in fixed-income securities, serving asset managers, the trust and investment departments of commercial banks, broker-dealers, and insurance firms. The segment is also engaged in asset management, and delivers clearing and execution services on futures exchanges, alongside foreign exchange brokerage for financial institutions and professional traders, and a range of OTC products. For its Retail customers, the company provides trading platforms and solutions across global financial markets, encompassing spot foreign exchange, precious metals trading, and contracts for differences (CFDs). It also offers wealth management and investment advisory services. Additionally, it sells physical gold and other precious metals in various forms and denominations through its online platforms, coininvest.com and silver-to-go.com. The Global Payments division specializes in foreign exchange and treasury services for banks, commercial enterprises, charitable organizations, non-governmental organizations (NGOs), and government bodies, in addition to general payment services. Formerly recognized as INTL FCStone Inc., the company officially rebranded to StoneX Group Inc. in July 2020. StoneX Group Inc. was established in 1924 and maintains its corporate headquarters in New York, New York.

Sector: Financial Services · Industry: Financial - Capital Markets

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 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 Financial Services

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

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Frequently Asked Questions

Is StoneX Group Inc. (SNEX) halal to invest in?
StoneX Group Inc. (SNEX) 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 StoneX Group Inc. get a F compliance rating?
StoneX Group Inc. (SNEX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 198.5% (limit 30%); interest-bearing deposits of 14.0% (limit 30%); prohibited income of 51.72% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change StoneX Group Inc.'s Shariah verdict?
StoneX Group 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 StoneX Group Inc. re-screened for Shariah compliance?
StoneX Group Inc. (SNEX) 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.