The Halal Money Index
Every US halal provider, graded A–F on a transparent five-pillar rubric — Shariah integrity, transparency, cost, availability, and track record. Computed from HalalWallet's live provider registry, reviewed by our editorial team, and updated whenever the data changes. We'll tell you if it's actually halal — and whether it's actually any good.
Editorial Team, HalalWallet
Independent halal finance research
What is the Halal Money Index?
The Halal Money Index grades every US halal finance provider A–F on five pillars: Shariah integrity (40 points), transparency (15), cost/value (15), availability (15), and track record (15). Grades are computed from HalalWallet's live provider registry and are undergoing final editorial review before publication.
Halal Home Financing
Compare all halal home financing options →Providers financing US homes without riba — Musharakah, Murabaha, and Ijara structures.
Halal Investing
Compare all halal investing options →Robo-advisors, funds, ETFs, and screeners for Shariah-compliant investing.
Islamic Wills & Estate Planning
Compare all islamic wills & estate planning options →Services producing legally valid US wills that follow Faraid inheritance rules.
Get the Halal Money Index report (PDF)
Every US halal provider graded A–F on Shariah integrity, transparency, and value — the full scorecard PDF, plus alerts when grades change
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How the grades work
| Pillar | Points | What we measure |
|---|---|---|
| Shariah integrity | 40 | Strength of oversight: formal Shariah board (strongest, more with AAOIFI-standard screening and a published review) → third-party certification → named scholar → no public review (weakest). |
| Transparency | 15 | Are the board members named? Is the methodology published? Are fees and compliance details in plain sight? |
| Cost / value | 15 | Fees versus the conventional alternative — scored only where verifiable fee data exists; otherwise the grade is rescaled over the remaining pillars instead of guessed. |
| Availability | 15 | How many states the provider actually serves; nationwide scores full marks. |
| Track record | 15 | Years in operation plus verified customer-review volume. |
Letter scale
A 90+ · A- 85+ · B+ 80+ · B 73+ · B- 68+ · C 55+ · D 40+ · F 0+. F also applies to any structural red flag, such as undisclosed riba.
Verify or lose points
Every grade shows when the provider's data was last verified. Past 12 months, the score starts losing points until the provider re-verifies — free, through the provider portal.
The Index is an editorial transparency rating, not a religious ruling or financial advice. Grades are computed from HalalWallet's provider registry, reviewed by our editorial team before publication, and recomputed when the underlying data changes. Confidence labels reflect how complete a provider's verified data is. Providers cannot pay for a grade.
Frequently Asked Questions
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For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.
Important: HalalWallet is an educational comparison platform. We do not provide financial, legal, or religious advice.
Product structures and Shariah-compliance oversight vary by provider. Before applying:
- Verify halal compliance directly with the provider.
- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
- Consult a qualified Islamic finance advisor or scholar for guidance on your individual circumstances.