Musaffa Musaffa Halal Stock Screener

Halal Investing in Connecticut

Musaffa's stock screener is the research core of a New York fintech (SEC-registered investment adviser, CRD #338525) that has screened 135,030 stocks and 8,241 ETFs across 150+ markets for Shariah compliance, serving a claimed 659,485 users. Every ticker gets a Halal/Doubtful/Not Halal verdict plus a C- to A+ compliance grade under the AAOIFI methodology - independently certified by Amanah Advisors and overseen by Shaikh Dr. Aznan Hasan, a sitting AAOIFI Shariah Board member, with Mufti Faraz Adam. Detailed reports expose the underlying ratios; in the US universe, 1,339 of 6,403 screened stocks rated halal at the August 2026 check.

Musaffa has built the most analyst-heavy screening operation in halal fintech - 25+ in-house equity researchers digging through footnotes rather than trusting headline financials, with the methodology certified by Amanah Advisors and a sitting AAOIFI board scholar overseeing it. The C- to A+ grading is genuinely useful: it distinguishes borderline compliance from comfortable compliance, which binary screeners flatten. Coverage is now enormous (135,030 stocks, 8,241 ETFs) and the free tier is generous enough to be useful, with the $72/year Foundation plan cheap next to Zoya Pro's $119.99. Buyers should know the company itself is young and still small financially, and that Musaffa screens but does not execute - you act through your own broker. As pure compliance research, it is currently the strongest value on the market.