TD SYNNEX Corporation

SNX: Is TD SYNNEX Corporation Halal?

TD SYNNEX Corporation

NYSETechnologyUS

$284.56

+0.26%

Market Cap: 22.9B

Compliance Status

Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

B+

Good

75Score

Is TD SYNNEX Corporation (SNX) halal? Halal. Based on AAOIFI screening, TD SYNNEX Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 75/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

18.0% of 30.0% limit

What this means for you

You can own SNX

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About TD SYNNEX Corporation

TD SYNNEX Corporation operates as a global provider of business process services. The company serves as a key distributor of a wide array of technology products, encompassing personal computing systems, mobile communication devices and their accessories, printing equipment, peripherals, and associated supplies. Its extensive portfolio also includes advanced IT infrastructure, such as data center server and storage solutions, core system components, software, networking apparatus, communication tools, and security hardware, alongside various consumer electronics and complementary items. Beyond product distribution, TD SYNNEX delivers a comprehensive suite of services. These offerings comprise specialized solutions for systems design and integration, custom assembly capabilities (including build-to-order and configure-to-order), and robust logistics services like outsourced fulfillment, virtual distribution, and direct shipping to end-users. The company additionally provides cloud-based and other online services, complemented by diverse financing options, such as net payment terms, third-party leasing, floor plan financing, and letter of credit-backed arrangements. Furthermore, it offers a broad spectrum of marketing services, spanning direct mail campaigns, external media advertising, product training for resellers, targeted telemarketing, participation in trade shows and groups, database analytics, print-on-demand services, and web-based marketing strategies. TD SYNNEX caters to a varied clientele, including resellers, system integrators, and retailers. Initially incorporated in 1980 as SYNNEX Corporation, the company officially adopted its current name, TD SYNNEX Corporation, in September 2021. Its corporate headquarters are situated in Fremont, California.

Sector: Technology · Industry: Technology Distributors

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 2026

Compliance History

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
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Frequently Asked Questions

Is TD SYNNEX Corporation (SNX) halal to invest in?
Based on AAOIFI Standard 21 screening, TD SYNNEX Corporation (SNX) 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 TD SYNNEX Corporation get a B+ compliance rating?
TD SYNNEX Corporation (SNX) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.0% (limit 30%); interest-bearing deposits of 12.1% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change TD SYNNEX Corporation's Shariah verdict?
TD SYNNEX 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 TD SYNNEX Corporation re-screened for Shariah compliance?
TD SYNNEX Corporation (SNX) 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 13, 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.