Is Concentrix Corp (CNXC) Halal?

NASDAQ Technology United States $1.6B
✗ NOT HALAL
Confidence: 90/100
Concentrix Corp (CNXC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 211.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Concentrix Corp operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from November 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 211.9%
/ 30%
15.0%
/ 30%
91.3%
/ 30%
15.28%
/ 5%
✗ NOT HALAL
DJIM 211.9%
/ 33%
15.0%
/ 33%
91.3%
/ 33%
15.28%
/ 5%
✗ NOT HALAL
MSCI 43.1%
/ 33%
3.0%
/ 33%
18.6%
/ 33%
15.28%
/ 5%
✗ NOT HALAL
S&P 211.9%
/ 33%
15.0%
/ 33%
91.3%
/ 33%
15.28%
/ 5%
✗ NOT HALAL
FTSE 43.1%
/ 33%
3.0%
/ 33%
18.6%
/ 50%
15.28%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-20.36
Dividend Yield
545.0%
Payout: 28.2%
P/B Ratio
0.6
EV/EBITDA
5.0
EV: $6.1B
Revenue
$9.8B
Growth: 5.4%
Beta
0.4
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 34.4%
Operating Margin 4.7%
Net Margin -13.3%
Return on Equity (ROE) -38.9%
Return on Assets (ROA) 3.1%

Cash Flow & Balance Sheet

Operating Cash Flow$807M
Free Cash Flow$572M
Total Debt$4.6B
Debt-to-Equity170.2
Current Ratio1.2
Total Assets$10.8B

Price & Trading

Last Close$27.72
50-Day MA$34.62
200-Day MA$44.14
Avg Volume1.3M
Beta0.4
52-Week Range
$24.27
$62.14

About Concentrix Corp (CNXC)

CEO
Mr. Christopher A. Caldwell
Employees
455,000
Sector
Technology
Industry
Information Technology Services
Country
United States
Exchange
NASDAQ
Market Cap
$1.6B
Currency
USD

Concentrix Corporation designs, builds, and runs integrated customer experience (CX) solutions worldwide. It provides CX process optimization, technology innovation and design engineering, front- and back-office automation, analytics, and business transformation services to clients in various industry verticals comprising technology and consumer electronics; retail, travel, and e-commerce; communications and media; banking, financial services, and insurance; and healthcare. The company also offers customer lifecycle management; CX and user experience strategy and design; data analytics, enterprise intelligence, artificial intelligence readiness, and actionable insights; digital operations, such as B2B sales, performance marketing, customer loyalty, trust and safety, collections, and financial compliance; and GenAI and agentic AI technologies. In addition, it provides digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; and AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement. Further, the company provides self-service GenAI and agentic AI assistants for applications in data analysis, language translations, and internal chatbots; voice of the customer and analytics solutions to gather and analyze customer feedback; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; specialized support to specific industry verticals; and back office services that support clients in non-customer facing areas. It serves technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and other industries. Concentrix Corporation was founded in 2004 and is based in Newark, California.

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Frequently Asked Questions

Is Concentrix Corp (CNXC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Concentrix Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Concentrix Corp's debt ratio?

Concentrix Corp's debt ratio is 211.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 43.1%.

What are Concentrix Corp's key financial metrics?

Concentrix Corp has a market capitalization of $1.6B, and revenue of $9.8B. The company maintains a gross margin of 34.4% and a net margin of -13.3%. Return on equity stands at -38.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.