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Investing comparison

Akinda vs Azzad Asset Management

Akinda and Azzad Asset Management both offer investing. This page lines up 16 listed data points side by side, with 11 differences, so you can see exactly where they part ways before you request quotes.

Built from each provider's listed data · provider data last verified Oct 2026

At a glance

  • Both are available in all 50 states.
  • Akinda uses Stock Screener; Azzad Asset Management uses Wealth Management.
  • Shariah oversight: Akinda discloses Named Scholar; Azzad Asset Management discloses Third-Party Certified.
  • HalalWallet Index: Akinda is not yet graded; Azzad Asset Management holds a B.
  • On measurable rows, Akinda has the better listed value on 1 and Azzad Asset Management on 1.
  • They differ on 11 of the 16 data points we list for investing.

No editorial verdict has been written for this pair yet. The side-by-side below is the full data view; where we have written one, you'll find it under Compare.

Akinda vs Azzad Asset Management: the full side-by-side

16 data points from each provider's published materials, lined up row by row. They differ on 11.

Akinda - halal finance provider logo

Akinda

Not graded
Azzad Asset Management - halal finance provider logo

Azzad Asset Management

B

16 of 16 rows

Availability

  • States covered

    Same
    Akinda: All 50 states
    Azzad Asset Management: All 50 states
Costs

  • Management fee

    Akinda: Free screener; Standard $7/mo; Premium $9/mo; Investor $20/mo Edge
    Azzad Asset Management: ~1% wrap fee, declining with AUM

  • Minimum investment

    Akinda: Not listed
    Azzad Asset Management: $500,000 (wrap program); $1,000 ADJEX / $4,000 WISEX funds
Shariah

  • Structure

    Akinda: Stock Screener
    Azzad Asset Management: Wealth Management

  • Shariah oversight

    Akinda: Named Scholar
    Azzad Asset Management: Third-Party Certified

  • Shariah board / scholar

    Akinda: named_scholar
    Azzad Asset Management: third_party_certified

  • Published fatwa / certificate

    Same
    Akinda: No
    Azzad Asset Management: No

  • Screening standard

    Akinda: AAOIFI Shari'ah Standard No. 21
    Azzad Asset Management: AAOIFI standards
Products

  • Products listed

    Akinda: Akinda Halal Stock Screener
    Azzad Asset Management: Azzad Wealth Management

  • Best for

    Akinda: Investors who want free, filing-level AAOIFI ratio math
    Azzad Asset Management: High-net-worth halal wealth management

  • Product types

    Akinda: Stock Screener
    Azzad Asset Management: Investment Platform

  • Account types

    Akinda: Individual
    Azzad Asset Management: Individual, IRA, Roth IRA

  • Focus

    Akinda: Halal Stock Screening
    Azzad Asset Management: Full-Service Halal Wealth Management
Track record

  • HalalWallet Index grade

    Akinda: Not listed
    Azzad Asset Management: B

  • Founded

    Akinda: 2023
    Azzad Asset Management: 1997 Edge

  • Assets under management

    Akinda: Not listed
    Azzad Asset Management: $1.8B firm-wide (12/31/2025, company-reported)

Edge marks the side with the better listed number on measurable rows (lower fee, wider coverage, higher grade). It is not a verdict - a provider can win more rows and still be the wrong fit for you.

Strengths and trade-offs

Akinda

  • Free tier includes full stock-screener access, not status-only lookups
  • Every verdict displays the underlying AAOIFI ratios so users can verify the result
  • Named AAOIFI-certified adviser (CSAA): Dr. Muhammad Nazir Khan
  • Available worldwide on web, iOS, and Android
  • A research tool, not a brokerage - Akinda does not hold client funds, execute trades, or manage portfolios
  • Single named scholar rather than a multi-member Shariah supervisory board
  • Screening coverage is US, UK, and Canada listed equities, narrower than Musaffa's global universe
  • Founded in 2023, so a shorter operating history than Zoya or Musaffa

Azzad Asset Management

  • Established in 2000 - over two decades of halal wealth management experience
  • AAOIFI-based screening with independent verification by IFAAS and Shariyah Review Bureau certification
  • ICCR membership underscores faith-based shareholder advocacy
  • Available nationwide in all 50 states
  • $500,000 wrap-program minimum shuts out most investors - the Azzad Funds are the accessible entry point
  • Fee schedule is not published on the website; roughly 1% declining must be confirmed in disclosures
  • All-in costs stack: the wrap fee sits on top of underlying manager and fund expenses
  • In-house funds are pricey by current standards (ADJEX 0.99%, WISEX 0.89% net)
Akinda - halal finance provider logo

Akinda

Visit Akinda Full review
Azzad Asset Management - halal finance provider logo

Azzad Asset Management

Visit Azzad Asset Management Full review

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Editorial comparisons

Akinda vs Zoya

Investing · with verdict

Akinda vs Musaffa

Investing · with verdict

How do Akinda and Azzad Asset Management compare for investing?

Akinda and Azzad Asset Management both offer investing. This page lines up 16 listed data points side by side, with 11 differences, so you can see exactly where they part ways before you request quotes.

  • Both are available in all 50 states.
  • Akinda uses Stock Screener; Azzad Asset Management uses Wealth Management.
  • Shariah oversight: Akinda discloses Named Scholar; Azzad Asset Management discloses Third-Party Certified.

Source: HalalWallet (halalwallet.us)

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Sources and review process

This page is reviewed against HalalWallet editorial standards and source documentation.

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-10-22

How to cite this page

Preferred format (HTML):

According to HalalWallet (“Akinda vs Azzad Asset Management”, https://www.halalwallet.us/compare/akinda-vs-azzad-asset-management, retrieved 2026-11-12).

For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.

How to use this comparison: Scholars rule; we organize the evidence. HalalWallet is an independent educational comparison platform - by design, we do not issue fatwas or provide financial, legal, or tax advice. We do the research homework so your final checks are quick and personal. Where our role ends and who takes over.

Product structures and Shariah oversight vary by provider, so finish with three built-in steps:

  • Confirm current terms and halal compliance directly with the provider - their quote is final.
  • Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
  • Bring your shortlist to a qualified Islamic finance advisor or scholar, so the conversation is about your situation, not the basics.

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