Best Halal Investment Apps 2025

1Overview: The Halal Investing App Landscape

The market for halal investing tools has expanded dramatically since 2018. Today, Muslim investors can choose between fully managed robo-advisors that handle their portfolios automatically, and sophisticated stock screeners that let them research and filter thousands of equities for Shariah compliance before trading through their chosen broker.

Each category serves a different investor profile. Wahed Invest appeals to those who want a passive, set-and-forget experience — similar to Betterment or Wealthfront but filtered through a Shariah supervisory board. Zoya, Musaffa, and Islamicly serve active stock-pickers who want granular compliance data before making their own investment decisions.

Use our Halal Investment Calculator to project the long-term growth of any halal portfolio before you invest.

2Our Methodology

Our editorial team evaluated each app across six dimensions: (1) Shariah screening methodology and transparency, (2) database breadth, (3) feature set, (4) pricing fairness, (5) user experience on iOS, Android, and web, and (6) regulatory standing. We reviewed publicly available documentation, Shariah board credentials, and user feedback from the Apple App Store, Google Play, and independent Islamic finance forums.

We do not accept payment from the companies reviewed. All ratings and verdicts are editorially independent. Pricing and features are accurate as of March 2025 but may change — always check the provider's website for current terms.

3Side-by-Side Comparison

The table below compares Wahed Invest (robo-advisor) against the three leading screeners. Because Wahed and the screeners are fundamentally different product types, we use an "Islamic" column for Wahed and a "Conventional (screeners)" column for the screener trio — this lets you see what each category offers at a glance.

4Wahed Invest — Best for Beginners

Founded in 2015 by Junaid Wahedna, Wahed Invest is the world's first and largest halal robo-advisor. It is regulated by the SEC in the United States and the FCA in the United Kingdom, with additional licences in Malaysia, the UAE, and other markets. As of 2024, Wahed manages over $300 million in client assets.

The platform's core proposition is simplicity: you complete a risk questionnaire, deposit a minimum of $100 (or £100 in the UK), and Wahed constructs a diversified portfolio of Shariah-compliant ETFs and sukuk appropriate for your risk tolerance. You do not need to pick individual stocks or understand financial markets. Wahed rebalances automatically and handles all the operational details.

Wahed's 0.49% annual fee is competitive for a managed halal solution — especially given that no comparable Islamic robo-advisor exists in the US market at this price point. The fee is all-inclusive: no trading commissions, no account fees, and no exit charges. The underlying fund expense ratios add a small additional layer of cost but remain within normal ETF ranges.

The main limitation of Wahed is that it is not a stock screener. You cannot use it to research whether Apple, Tesla, or any other individual equity is Shariah compliant. For that, you need one of the screener apps covered below. Wahed is a portfolio management tool, not a research tool.

Read our full Wahed Invest review for a detailed breakdown of portfolio construction, historical returns, and tax-wrapper options.

5Zoya App — Best for Active Investors

Zoya markets itself as the "#1 Halal Investing App," and for active stock-pickers, it makes a strong case. The app's free tier gives users Shariah ratings for thousands of US-listed stocks using AAOIFI standards. Premium subscribers unlock a significantly expanded global database, detailed compliance reports, and the platform's integrated zakat calculator — a feature that makes Zoya uniquely valuable during Ramadan and for annual zakat planning.

Zoya's user interface is widely praised as the cleanest and most intuitive of the four apps reviewed here. Stocks are rated on a simple compliance verdict (Halal, Not Halal, Doubtful) with a clear explanation of which screening ratios failed. Community features — shared watchlists and a social feed of halal investor discussions — give Zoya a network effect that its competitors lack.

The main criticism of Zoya is database breadth. Its stock coverage, while expanding, lags behind Musaffa and Islamicly in terms of global exchange coverage — particularly for non-US equities. European, Southeast Asian, and Gulf market investors may find the coverage patchy at the free tier level.

Use Zoya's built-in zakat calculator alongside our Zakat Calculator for Investments to cross-verify your annual zakat obligations on equity holdings.

Read our full Zoya App review for a complete breakdown of screening methodology, pricing tiers, and use cases.

6Musaffa — Best for Research-Driven Investors

Musaffa targets the more analytically minded halal investor. Where Zoya prioritizes simplicity and community, Musaffa prioritizes data depth. Each stock in its database comes with a proprietary "Halal Score" — a composite metric that aggregates multiple AAOIFI compliance ratios into a single number, making it easier to compare compliance strength across different companies.

Musaffa's platform is available on iOS, Android, and via a full web dashboard — an advantage over Zoya, which lacks a robust web interface. The web platform includes portfolio analytics, sector allocation views, and compliance trend charts that show how a company's Shariah ratios have evolved over reporting periods. For investors who want to monitor compliance drift over time, Musaffa's historical data depth is unmatched among consumer-facing halal screeners.

Musaffa's premium tier is priced slightly higher than Zoya's at approximately $14.99/month, reflecting its deeper data offering. There is a limited free tier, but serious research requires a premium subscription. The API product is priced separately for institutional clients and fintech developers seeking to embed halal compliance data into their own products.

Read our full Musaffa App review for a detailed assessment of the Halal Score methodology and how it compares to raw AAOIFI criteria.

7Islamicly — Best Free Option

Islamicly's headline advantage is scale: it covers 30,000+ stocks across global exchanges — the largest database of any halal screener available to retail investors. For investors in emerging markets, Southeast Asia, the Gulf, or Europe who want to check stocks that other screeners miss, Islamicly fills an important gap.

The app uses a proprietary "Islamicly Moons" rating system (1 to 5 moons) to communicate compliance strength rather than a binary halal/not-halal verdict. This graduated approach allows investors to see shades of grey — a useful feature given that some stocks sit in compliance grey areas due to mixed business activities. The methodology is based on AAOIFI financial ratios but incorporates Islamicly's own weighting model.

The Islamicly Moons system is intuitive but has attracted some scholarly debate. Because the scale is proprietary rather than anchored to published AAOIFI thresholds, users should treat it as a guidance tool rather than a definitive fatwa. For high-stakes decisions, always consult a qualified Shariah scholar.

Islamicly's free tier is genuinely useful — it provides a basic Shariah verdict for every stock in its database without requiring a subscription. This makes it the best starting point for investors who want to quickly check whether a specific stock is halal before doing deeper research on Musaffa or Zoya.

Read our full Islamicly App review for a detailed breakdown of the Moons methodology and global coverage.

8Shariah Screening Standards Compared

All four platforms ultimately derive their screening criteria from AAOIFI Standard No. 21 on financial screening of equities. This standard specifies two types of filters: business activity screens (excluding companies deriving material revenue from haram activities) and financial ratio screens (limiting debt, cash, and receivables as a proportion of total assets or market capitalisation).

The key financial thresholds under AAOIFI Standard 21 are:

Where the apps differ is in implementation: how frequently they update screening data, whether they use market capitalisation or total assets as the denominator, how they handle companies in grey-area industries (defence, pharmaceuticals, entertainment conglomerates), and whether purification calculations are provided for the small haram revenue fraction.

9Pricing Comparison

The four apps use entirely different pricing models, making direct comparisons complex. Wahed charges an AUM fee on your invested portfolio. The screeners charge SaaS-style monthly or annual subscriptions. Here is how they stack up:

For most individual investors, the best value combination is Islamicly (free tier for quick checks) plus Zoya Premium (for deeper research and zakat integration). Investors building larger portfolios above $20,000 may find Wahed's 0.49% AUM fee relatively expensive compared to assembling a self-managed halal ETF portfolio through a conventional broker.

10App Experience & Platform Quality

All four apps have strong iOS and Android ratings (generally 4.5–4.8 stars), which reflects the genuine demand for polished halal investing tools and the relatively small but highly engaged user base. Here is how the platforms compare on experience:

One area where all screener apps have room to improve is web-first experience for desktop researchers. Investors who do the bulk of their research on a laptop or desktop computer will find Musaffa and Islamicly more suited to their workflow than Zoya, which remains primarily a mobile-first product.

11The Verdict

12Frequently Asked Questions