About Musaffa

Musaffa is a New York-based halal fintech founded in 2021 by Dilshod Jumaniyazov, a former equity research analyst. It is one of the most used tools for checking whether a stock is halal.

Features

  • Halal stock and ETF screener covering global markets
  • Compliance reports based on AAOIFI Sharia standards
  • Dividend purification calculator
  • Portfolio tracking and a halal investing academy

Why it’s useful

Muslim investors searching “is this stock halal?” or “halal stock screener” can check a company’s business activity and debt ratios before investing.

Related

See more tools in our halal investing directory.

Important

This listing is for information only and is not financial advice. Check products, fees and eligibility directly with the provider.

How to compare Islamic finance providers

Islamic finance avoids interest (riba) and excessive uncertainty. Instead, providers use structures such as co-ownership, lease-to-own or cost-plus sale. So when you compare providers, look beyond the headline rate.

  • Check who sits on the Sharia board, and whether its rulings are published.
  • Confirm the provider is regulated in your country.
  • Compare the total cost, including fees, over the full term.
  • For investing, check how stocks are screened and how often.

Why Musaffa is in our directory

Many Muslims want their savings, home and investments to match their values. This provider is one of the providers people search for most. In addition, halal finance can support long-term financial wellbeing and peace of mind.

However, every product carries risk. Therefore, read the key documents carefully, and speak to a qualified adviser if you are unsure. Also, remember that past returns do not guarantee future results.

Musaffa: quick FAQ

Is this provider Sharia-compliant? this provider states that its products are Sharia-compliant and overseen by scholars. So review the details on its website.

Who can use this provider? Availability depends on where you live. Check eligibility on its website.

Website: musaffa.com

Listing compiled by Halal Wellness from public information. Are you the owner? Claim or update this listing for free.

Listing details

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