Standex International Corporation

SXI: Is Standex International Corporation Halal?

Standex International Corporation

NYSEIndustrialsUS

$302.72

-0.65%

Market Cap: 3.7B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

A

Very Good

85Score

Is Standex International Corporation (SXI) halal? Halal. Based on AAOIFI screening, Standex International Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

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%.

15.1% of 30.0% limit

What this means for you

You can own SXI

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 Standex International Corporation

Standex International Corporation (SXI) operates as a diversified global manufacturer and provider of products and services, catering to commercial and industrial markets across the United States and internationally. The company's operations are strategically organized into five key segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics division specializes in a wide array of sensors, including reed relays, fluid level, proximity, motion, flow, and HVAC condensate, along with custom electronic sensing solutions. It also delivers cutting-edge current sense and advanced planar transformer technologies, value-added assemblies, mechanical packaging, and bespoke wound transformers and inductors for both low and high-frequency applications. The Engraving segment offers mold texturizing, produces slush molding tools, provides roll engraving, and manufactures tooling for hygiene products and low observation vents. Additionally, it supplies project management and design services tailored for stealth aircraft, alongside process machinery for various industries. Within the Scientific segment, Standex develops and supplies temperature-controlled equipment, serving the medical, scientific, pharmaceutical, biotechnology, and broader industrial sectors. The Engineering Technologies segment is dedicated to providing comprehensive, customized net and near-net formed solutions for engineered components. These critical components are utilized across a wide spectrum of markets, including aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and both manned and unmanned space applications. Finally, the Specialty Solutions segment focuses on the manufacturing and distribution of refrigerated, heated, and dry merchandising display cases. It also provides custom fluid pump solutions and produces single and double-acting telescopic and piston rod hydraulic cylinders. Established in 1955, Standex International Corporation maintains its headquarters in Salem, New Hampshire.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Standex International Corporation (SXI) halal to invest in?
Based on AAOIFI Standard 21 screening, Standex International Corporation (SXI) is rated Halal with a compliance grade of A (Very 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 Standex International Corporation get a A compliance rating?
Standex International Corporation (SXI) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 15.1% (limit 30%); interest-bearing deposits of 2.9% (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 Standex International Corporation's Shariah verdict?
Standex International 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 Standex International Corporation re-screened for Shariah compliance?
Standex International Corporation (SXI) 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 18, 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.