Verified
Hands-off halal investing
Went with ShariaPortfolio for managed halal investing. They built a diversified portfolio based on my risk profile and handle all the screening. Hands-off which is what I wanted.
Kamran A.TX
9 found helpful
ShariaPortfolio ShariaPortfolio Institutional
Halal Investing in Missouri
4.3
Best for: Employers setting up halal 401(k) plans
Institutional services to financial advisors wishing to provide their clients with Sharia-compliant investment solutions
ShariaPortfolio offers Institutional Wealth Management, a investment platform designed for Shariah-compliant investors. Best suited for: 401(k) plans, institutional.
Pros
- Available nationwide in all 50 states
- Uses Wealth Management — a recognized Shariah-compliant structure
Wealth ManagementNationwideEst. 2013
Updated February 2026
Start Investing
Visit ShariaPortfolio's website to learn more and get started.
See pricing & termsOpens ShariaPortfolio's site — no obligation
Product Details
Type
Investment Platform
Account Types
Individual, IRA, Roth IRA
Screening Method
AAOIFI standards
ShariaPortfolio in Missouri
ShariaPortfolio's ShariaPortfolio Institutional is available to investors in Missouri, structured as a Wealth Management. Missouri is home to an estimated ~53K Muslims (0.9% of the population) (World Population Review, 2020 estimates). ShariaPortfolio operates nationwide, so Missouri residents have full access to this product.
Our Take on ShariaPortfolio
ShariaPortfolio is for Muslim investors who want a human financial advisor managing their halal portfolio. The $100,000 minimum investment (per our data) means it's best suited for larger portfolios.
How ShariaPortfolio Works
1
Initial Consultation
Schedule a consultation with a ShariaPortfolio advisor to discuss your financial goals, risk tolerance, and investment timeline.
2
Portfolio Construction
Your advisor builds a personalized halal portfolio based on your profile, selecting from Shariah-screened equities, sukuk, and other compliant instruments.
3
Fund Your Account
Transfer or roll over funds ($100,000 minimum per our data). This can include IRA rollovers, 401(k) transfers, or new investment capital.
4
Ongoing Management
Your advisor monitors and rebalances your portfolio, ensuring ongoing Shariah compliance and alignment with your financial goals.
5
Regular Reviews
Periodic reviews with your advisor to assess performance, adjust strategy, and address life changes that affect your financial plan.
Financing Structure
ShariaPortfolio manages investment portfolios that hold only Shariah-compliant securities. Client portfolios are constructed based on individual financial goals, risk tolerance, and time horizon. All holdings are screened against AAOIFI-aligned criteria to exclude companies with excessive debt, interest income, or revenue from impermissible activities. Portfolios are actively monitored and rebalanced by human advisors.
In-Depth Analysis
ShariaPortfolio is an SEC-registered investment advisory (RIA) firm headquartered in Dallas, Texas, that provides managed halal investment portfolios through human financial advisors. Unlike robo-advisory platforms like Wahed Invest, ShariaPortfolio assigns each client a dedicated advisor who builds and manages a personalized Shariah-compliant portfolio.
The firm manages retirement accounts including IRA and 401(k) rollovers, which is a common entry point for clients who want to transition existing retirement savings into halal investments. The minimum investment is $100,000 per our data, positioning ShariaPortfolio for more affluent investors or those rolling over established retirement accounts.
As an SEC-registered investment advisor, ShariaPortfolio operates under fiduciary duty — they are legally required to act in the client's best interest. This is a higher standard than broker-dealers, who may only need to meet a suitability standard. The combination of fiduciary duty, human advisors, and halal screening makes ShariaPortfolio a distinct option for investors who want personalized attention.
Shariah Compliance Details
- ShariaPortfolio uses AAOIFI-aligned screening criteria to evaluate potential investments, filtering out companies that exceed thresholds for debt, interest income, or impermissible revenue.
- As an SEC-registered investment advisor, ShariaPortfolio operates under fiduciary duty — a legal obligation to act in the client's best interest.
- Portfolio holdings are monitored for ongoing Shariah compliance, with non-compliant securities removed during rebalancing cycles.
How ShariaPortfolio Compares
ShariaPortfolio occupies a different market segment than platforms like Wahed Invest. Where Wahed offers automated, low-minimum managed portfolios, ShariaPortfolio provides personalized human advisory for larger accounts.
Wahed offers automated management with lower minimums. Choose Wahed for lower cost/convenience, ShariaPortfolio for personalized human advice.
Bottom Line
ShariaPortfolio is the right choice for Muslim investors who want a dedicated human financial advisor. The $100,000 minimum means it's best for larger portfolios or complex financial situations.
Read full ShariaPortfolio reviewShariah Compliance & Oversight
Shariah Board
Manages client investments using Islamic finance principles and Sharia screening methodologies to avoid prohibited activities.
Details
Sharia Advisor: Shaykh Umer Khan. AAOIFI-aligned screening methodology used.
Last Verified
2026-02
State Availability
ShariaPortfolio serves all 50 states + DC
✓ Available nationwide including Missouri
Start Investing — ShariaPortfolio
Visit ShariaPortfolio's website to get current terms, check eligibility for Missouri, and get started today.
See pricing & termsOpens ShariaPortfolio's site — you're not committing to anything
Compare With Other Options in Missouri
20 other investing products available to Missouri residents
Index-based · 49 states
User Reviews for ShariaPortfolio
4 verified reviews
4.54 reviews
5★
2
4★
2
3★
0
2★
0
1★
0
Verified
Transparent and well-managed
The portfolio construction is thoughtful and the compliance documentation is thorough. Transparently managed — you can see exactly what you're invested in and why it's halal.
Leila T.NY
6 found helpfulVerified
Consistent and reliable
Good service. Fees are reasonable for active management. Performance has been in line with my expectations. Nothing flashy, just consistent halal investing.
Zainab M.VA
4 found helpfulHalal Investment Growth Estimate
See how your halal investments could grow over time
$10,000
$500/mo
8% annual
Total Value
$343,778
Contributed
$130,000
Growth
$213,778
Hypothetical projection. Past performance does not guarantee future results.
Compare FundsFrequently Asked Questions
What is ShariaPortfolio ShariaPortfolio Institutional?
Institutional services to financial advisors wishing to provide their clients with Sharia-compliant investment solutions
What Shariah oversight does ShariaPortfolio ShariaPortfolio Institutional have?
Sharia Advisor: Shaykh Umer Khan.
AAOIFI-aligned screening methodology used.
Is ShariaPortfolio ShariaPortfolio Institutional available in Missouri?
Yes. ShariaPortfolio ShariaPortfolio Institutional is available nationwide, including Missouri. You can apply directly through the provider's website.
What Shariah oversight does ShariaPortfolio have?
ShariaPortfolio's Shariah compliance is overseen by: Manages client investments using Islamic finance principles and Sharia screening methodologies to avoid prohibited activities.. Sharia Advisor: Shaykh Umer Khan.
AAOIFI-aligned screening methodology used..
What financing structure does ShariaPortfolio ShariaPortfolio Institutional use?
ShariaPortfolio ShariaPortfolio Institutional uses a Wealth Management structure. This is a Shariah-compliant financing arrangement that avoids interest (riba).
How do I apply for ShariaPortfolio ShariaPortfolio Institutional in Missouri?
You can apply for ShariaPortfolio ShariaPortfolio Institutional directly through the provider's website. Visit their official site to start your application, check current requirements, and get personalized information for Missouri residents.
Does Missouri tax halal investment returns?
Yes. Missouri has a graduated state income tax with a top rate of 4.7% (2026). Long-term capital gains are taxed as ordinary income at the same graduated rates. Missouri has no state estate or inheritance tax, simplifying Islamic estate planning relative to neighbors like Iowa and Kentucky.
Halal Finance Score
Are your investments Shariah-screened? Check all 7 categories.
Average score: 63/100
Stay Updated
Get halal investment insights and fund launches
No spam ever. Unsubscribe in one click.
Explore All Investing in Missouri
Compare every investing option side-by-side with filters, ratings, and Shariah oversight details.
Reviewed by: HalalWallet Editorial Team•Last reviewed: 2026-04-01•Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.
Reviewed quarterly and updated for major content changes.
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.