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Best Halal Investing for Self-Directed Investors (2026)

Self-directed Muslims who pick their own holdings need a halal brokerage plus a screening tool. These picks are ranked by Shariah oversight and, where we've published one, our AAOIFI verdict and the consensus of the major screening authorities.

What is the best halal investing for self-directed investors?

For self-directed investors, HalalWallet ranks Manzil highest, scored on Shariah oversight, our published AAOIFI verdicts, and the consensus of the major halal screening authorities.

  • #1 Manzil (97% match)
  • #2 SPFunds (86% match) - passes the AAOIFI screen (published record)
  • #3 Wahed Invest (85% match) - passes the AAOIFI screen (published record)

Source: HalalWallet (halalwallet.us)

  1. #1

    Manzil

    Pays HalalWallet: No. Manzil pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

    Manzil Trading (Self-Directed Halal Stock Trading)

    97%

    match

    • HalalWallet Index provider grade A - ranked #1 of 11 graded providers
    • Shariah Oversight: Formal Board - provider discloses supervisory board
    • 7 years of experience
    • Best for: Hands-on halal investors who want to pick their own stocks in one app
    Visit Manzil
  2. #2

    SPFunds

    Pays HalalWallet: No. SPFunds pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

    SP Funds S&P Global Technology ETF

    86%

    match

    • Screens halal in HalalWallet's published record
    • Passes the business-activity screen - no impermissible income
    • HalalWallet Index provider grade A- - ranked #2 of 11 graded providers
    • Shariah Oversight: Third-Party Certified
    Visit SPFundsSee the screening record
  3. #3

    Wahed Invest

    Pays HalalWallet: No. Wahed Invest pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

    Wahed FTSE USA Shariah ETF

    85%

    match

    • Screens halal in HalalWallet's published record (reviewed 2026-06-15)
    • Passes the business-activity screen - no impermissible income
    • HalalWallet Index provider grade A- - ranked #3 of 11 graded providers
    • Shariah Oversight: Third-Party Certified
    Visit Wahed InvestSee the screening record
  4. #4

    Zoya

    Pays HalalWallet: No. Zoya pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

    Zoya Brokerage Integration

    77%

    match

    • HalalWallet Index provider grade B
    • Shariah Oversight: Named Scholar involvement disclosed
    • 6 years of experience
    • Best for: Monitoring existing brokerage for halal compliance
    Visit Zoya
  5. #5

    Amana Funds

    Pays HalalWallet: No. Amana Funds pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

    Amana Participation Fund (AMAPX)

    75%

    match

    • Screens halal in HalalWallet's published record
    • Passes the business-activity screen - no impermissible income
    • HalalWallet Index provider grade B
    • Shariah Oversight: Third-Party Certified
    Visit Amana FundsSee the screening record
  6. #6

    ShariaPortfolio

    Pays HalalWallet: No. ShariaPortfolio pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

    Wealth Management

    68%

    match

    • HalalWallet Index provider grade B
    • Shariah Oversight: Named Scholar involvement disclosed
    • Established for 23+ years
    • Best for: Self-directed halal wealth management
    Visit ShariaPortfolio

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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: 2026-11-01

How to cite this page

Preferred format (HTML):

According to HalalWallet (“Best Halal Investing for Self-Directed Investors”, https://www.halalwallet.us/investing/best/self-directed-investors, retrieved 2026-11-14).

Bulk feed record: investing.best.self-directed-investors in /api/llm-feed.json

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

What HalalWallet is and is not

Scholars rule; we organize the evidence. HalalWallet is an independent research and comparison site for halal financial products. It is not a lender, bank, broker or adviser, and it is not a fatwa body.

What we do

  • We document each product's contract, Shariah oversight, costs and availability, with the date we last checked.
  • We show the range of scholarly opinion on contested questions, with sources.

What we do not do

  • We do not lend, hold money, open accounts or take applications. You apply with the provider.
  • We do not issue fatwas or certify any product as halal. Rulings belong to a scholar you trust.
  • We do not give personal financial, legal or tax advice.

Where our role ends and who takes over · Who pays HalalWallet · HalalWallet Trust Standard, version 1.0

Before you decide, finish with three checks:

  • Confirm current terms and halal compliance directly with the provider. Their quote is final.
  • Read the contract structure (Murabaha, Ijara, Musharakah and so on) and any published Shariah board opinion.
  • Bring your shortlist to a qualified scholar or licensed adviser, so the conversation is about your situation, not the basics.

Spot an error? Report a correction · How we handle corrections

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HalalWallet Editorial Team

Editorial Team, HalalWallet

Independent halal finance research