Amal Invest vs Boston Trading Co
Amal Invest and Boston Trading Co both offer investing. This page lines up 16 listed data points side by side, with 9 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.
- Amal Invest uses Fund reconstruction with AAOIFI screening (via Zoya); Boston Trading Co uses Managed digital-asset fund (pooled, accredited-only).
- Shariah oversight: Amal Invest discloses Third-Party Certified; Boston Trading Co discloses No Public Review.
- HalalWallet Index: Amal Invest holds a B-; Boston Trading Co is not yet graded.
- On measurable rows, Amal Invest has the better listed value on 1 and Boston Trading Co on 1.
- They differ on 9 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.
Amal Invest vs Boston Trading Co: the full side-by-side
16 data points from each provider's published materials, lined up row by row. They differ on 9.
16 of 16 rows
States covered
SameAmal Invest: All 50 statesBoston Trading Co: All 50 states
Management fee
Amal Invest: Not listedBoston Trading Co: 2% MER + performance fee above benchmark (1%-3% p.a. range across funds)Minimum investment
Amal Invest: Not listedBoston Trading Co: US$10,000 (top-ups from US$1,000); accredited / sophisticated investors only
Structure
Amal Invest: Fund reconstruction with AAOIFI screening (via Zoya)Boston Trading Co: Managed digital-asset fund (pooled, accredited-only)Shariah oversight
Amal Invest: Third-Party CertifiedBoston Trading Co: No Public ReviewShariah board / scholar
Amal Invest: third_party_certifiedBoston Trading Co: No Public ReviewPublished fatwa / certificate
Amal Invest: Yes EdgeBoston Trading Co: NoScreening standard
Amal Invest: Not listedBoston Trading Co: None - not a Shariah-screened fund (Bostoncoin (BOS) Diversifi…) · Self-declared Shariah screen from the RAFAH prospectus: excludes interest-based platforms; avoids alcohol, gambling, pork and adult entertainment; favours profit/loss-sharing and ethical-finance projects. No named scholar, supervisory board or third-party certificate. (RAFAH Halal Crypto Fund) · Dharmic (Ahimsa / Sattvic) screen per the manager; not a Shariah screen (ASHIRVAD (ASHIR) Dharmic C…) · Halachic (kosher) screen per the manager; not a Shariah screen (OYSHER (OYSH) Kosher Crypt…)
Products listed
Amal Invest: Halal Fund Builder (Grow & Save Portfolios)Boston Trading Co: Bostoncoin (BOS) Diversified Crypto Fund, DARTcoin (DART) Higher-Volatility Crypto Fund, RAFAH Halal Crypto Fund, ASHIRVAD (ASHIR) Dharmic Crypto Fund, OYSHER (OYSH) Kosher Crypto Fund, POLLYcoin AI (POLLY) Lower-Volatility Crypto FundBest for
Amal Invest: Set-and-forget halal versions of mainstream index fundsBoston Trading Co: Not for halal-first investors; see RAFAHProduct types
Amal Invest: Fund Reconstruction PlatformBoston Trading Co: Crypto FundHoldings
Amal Invest: Not listedBoston Trading Co: Live portfolio published at bostontrading.co/portfolio, updated hourly. (Bostoncoin (BOS) Diversifi…) · Live portfolio published at bostontrading.co/dart, updated hourly. (DARTcoin (DART) Higher-Vol…) · Sample allocation (prospectus, May 2025): HalalChain 20%, Islamic Coin 15%, Tezos 15%, Marhaba DeFi 15%, Celo 15%, SolarCoin 10%, ZakatDAO 10%. Illustrative only; no live RAFAH holdings page published. (RAFAH Halal Crypto Fund)Account types
Amal Invest: Taxable brokerage (via Alpaca or Trading212); IRAs not currently supportedBoston Trading Co: Individual, 401(k), Roth IRA, Trust, Company +1 moreFocus
Amal Invest: Not listedBoston Trading Co: Diversified Crypto Fund (not Shariah-screened) (Bostoncoin (BOS) Diversifi…) · Higher-Volatility Crypto Fund (not Shariah-screened) (DARTcoin (DART) Higher-Vol…) · Managed Halal Crypto Fund (RAFAH Halal Crypto Fund) · Dharmic Crypto Fund (not Shariah-screened) (ASHIRVAD (ASHIR) Dharmic C…) · Kosher Crypto Fund (not Shariah-screened) (OYSHER (OYSH) Kosher Crypt…) · Lower-Volatility AI Crypto Fund (not Shariah-screened) (POLLYcoin AI (POLLY) Lower…)
HalalWallet Index grade
Amal Invest: B-Boston Trading Co: Not listedFounded
Amal Invest: 2021Boston Trading Co: 2016 Edge
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
Amal Invest
- Solves the screener-plus-brokerage juggling problem in one automated flow, a genuine gap between Zoya/Musaffa (screeners) and Wahed (managed portfolios)
- Lifetime flat fee is structurally cheaper than robo-advisor AUM fees for larger portfolios
- Named third-party certification (Amanah Advisors) with published explanation of the AAOIFI methodology
- Continuous compliance automation: automatic sell-and-reinvest on non-compliance is rare even among halal robo-advisors
- Ethical filters beyond Shariah screening, including a BDS filter, with user overrides
- No retirement accounts: Alpaca integration does not support IRAs or 401(k)s, a significant gap versus Wahed and Amana
- Amal is not an investment advisor; investors get automation, not advice
- Operating company is Bahrain-based, so US investors rely on the Alpaca custody layer for regulatory protection
- Historical return figures on the marketing site (28.3% and 14.6% per year) are illustrative backtests, not audited fund performance
- Small team (about 3 people per Y Combinator), so key-person risk is real
Boston Trading Co
- Longest track record in the range (since January 2016) across several crypto cycles
- Radical holdings transparency: the live portfolio is public and updated hourly
- Live, hourly-updated holdings page
- Clearly labelled by the manager as the higher-risk option in the range
- The only managed crypto fund we list that publishes a written halal screen (riba, gharar and haram-industry exclusions in the prospectus)
- Not Shariah-screened; no halal claim is made for this fund
- Accredited / sophisticated investors only (US terms: Accredited Investors, Qualified Purchasers or QIBs), with a US$10,000 minimum
- Provider's own US terms state the offerings have not been reviewed or approved by the SEC or CFTC and that regulatory approval is 'in process'; an ADGM (Abu Dhabi) licence application is also pending
- 2% MER plus a performance fee above benchmark is expensive next to halal ETFs charging under 0.70%
- Explicitly higher volatility than the flagship fund
Products behind the numbers
Where a row shows more than one value, it is because the provider lists several investing products. Each is tagged.
Amal Invest (1)
- Halal Fund Builder (Grow & Save Portfolios)
Boston Trading Co (6)
- Bostoncoin (BOS) Diversified Crypto Fund
- DARTcoin (DART) Higher-Volatility Crypto Fund
- RAFAH Halal Crypto FundDetails
- ASHIRVAD (ASHIR) Dharmic Crypto Fund
- OYSHER (OYSH) Kosher Crypto Fund
- POLLYcoin AI (POLLY) Lower-Volatility Crypto Fund
Not sure which is right? Compare all investing providers.
Browse all Investing optionsHow do Amal Invest and Boston Trading Co compare for investing?
Amal Invest and Boston Trading Co both offer investing. This page lines up 16 listed data points side by side, with 9 differences, so you can see exactly where they part ways before you request quotes.
- Both are available in all 50 states.
- Amal Invest uses Fund reconstruction with AAOIFI screening (via Zoya); Boston Trading Co uses Managed digital-asset fund (pooled, accredited-only).
- Shariah oversight: Amal Invest discloses Third-Party Certified; Boston Trading Co discloses No Public Review.
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: 2026-10-07
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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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