Investing isn’t just about growing wealth—it’s a form of worship. Halal screening ensures your investments align with Sharia principles, preserving the sincerity of your intentions.
Islamic screening helps you meet your obligation to avoid haram activities, keeping your wealth and conscience clear.
No need to analyze complex reports or question a company’s practices. Feel confident your portfolio meets Islamic standards so you can focus on your goals.
Screened companies often follow sound, balanced financial models that support the principle of capital preservation (hifz al-maal).
Our screening is built on AAOIFI guidelines and expert Sharia advisory recommendations.
A thorough two-step process checks both the business model and financial ratios against AAOIFI’s strict standards.
Statuses are reviewed with each new financial filing (10-Q, 10-K, and equivalents), ensuring your data stays current and reliable.
Every stock is labeled “Compliant” or “Non-Compliant,” with the option to view a detailed report on all screening criteria.
AAOIFI
(Accounting and Auditing Organization for Islamic Financial Institutions) is an international body that sets Sharia standards for accounting and auditing in Islamic finance.
Investlink’s app uses AAOIFI’s methodology to assess investment risks for Muslim investors, ensuring compliance with globally recognized Islamic guidelines.
An independent online service that screens over 20,000 stocks and ETFs for compliance with AAOIFI Sharia standards.
Data from
Zoya.Finance
is fully integrated into the app and regularly updated with each new corporate financial report, offering a simple and convenient way to analyze assets for Islamic compliance.
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Sharia compliance means adhering to Islamic law and principles, especially in finance and investing. It ensures your investments meet Islamic ethical standards by excluding involvement in prohibited (haram) activities such as alcohol production, gambling, or conventional financial services, as well as companies with excessive debt.
Since many companies may have some level of involvement in haram activities, Sharia standards serve as a guide to help Muslims navigate financial markets. The main goal is to ensure the company’s core business is permissible (halal) and any involvement in haram sectors is kept to a minimum.
Any stocks and ETFs available in the Investlink app (over 20,000 securities).
If you hold a stock that was previously Sharia-compliant but is no longer, you have a few options:
1. Sell Immediately
This is the most conservative approach. Once you’re notified that an asset no longer meets Sharia standards, you can exit the position right away to avoid earning income from prohibited (haram) sources in the future.
2. Apply a Grace Period
Many Sharia boards and Islamic index providers allow a grace period (typically one or two financial quarters) before removing stocks from their funds. You can adopt a similar approach: monitor the company for a few months and keep the position if compliance is restored. If not, sell the asset.
3. Purify Your Income
Regardless of the strategy you choose, it’s recommended to purify any income earned while the asset was non-compliant. This means donating the proportionate share of dividends or profits related to haram revenue to charity.
The database is updated daily to reflect market changes—new listings, delistings, stock splits, and more.
However, the Sharia compliance reports themselves follow the companies’ financial reporting schedules. For U.S. companies that typically file with the SEC quarterly, Sharia compliance reports are updated at least once every quarter.
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