No. As of September 2026, Steel Connect Inc (STCN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Steel Connect Inc does not pass Musaffa's business and financial screening criteria.
Steel Connect, Inc. is a holding company, which engages in end-to-end global supply chain solutions and e-commerce services. The company is headquartered in New York City, New York and currently employs 939 full-time employees. The firm is an end-to-end global supply chain solutions and e-commerce provider serving clients in markets such as consumer electronics, communications, computing, medical devices, software and retail. The firm designs and executes various elements in its client’s global supply chains. The firm delivers its solutions through a combination of industry expertise, service solutions, integrated operations, business processes, a wide global footprint and technology. The company produces and licenses an entitlement management solution powered by its enterprise-class Poetic software, which offers a complete solution for activation, provisioning, entitlement subscription, and data collection from physical goods (connected products) and digital products. The company has an integrated network of facilities located in various countries, including numerous sites throughout North America, Europe and Asia.
Steel Connect Inc STCN
$12.18
Last Updated: Jan 13, 12:00 AM·XFRA
Pricing for DE stocks is delayed by 24 hours
STCN Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Steel Connect Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Steel Connect Inc (STCN) Chart
Financial Metrics & Statements of Steel Connect Inc (STCN)
FAQ's for Steel Connect Inc (STCN)
As of September 2026, Steel Connect Inc STCN is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Steel Connect Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Steel Connect Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Steel Connect Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Steel Connect Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Steel Connect Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.