Amal Invest Halal Fund Builder (Grow & Save Portfolios)

Automated halal investing platform (Y Combinator W2022) that reconstructs popular ETFs and mutual funds into Shariah-compliant versions by filtering out non-compliant holdings, then manages the portfolio automatically through the investor's own brokerage account (Alpaca in the US, Trading212 in the UK and Europe). Two flagship auto-screened portfolios, Grow and Save, plus a filter engine covering 10,000+ ETFs and mutual funds. If a holding turns non-compliant, Amal automatically sells it and reinvests. Includes a built-in boycott (BDS) filter excluding companies profiting from the occupation of Palestine, and custom blocklists. Priced as a one-time lifetime fee with no assets-under-management percentage.

Amal Invest occupies a genuinely empty slot in the US halal stack: Zoya and Musaffa tell you what is compliant, Wahed manages a portfolio for you, but Amal rebuilds the S&P 500 (or any of 10,000+ funds) without the haram holdings inside your own brokerage account and keeps it clean automatically. The Amanah Advisors certificate and Zoya's AAOIFI data give the screening real backing, and the flat lifetime fee undercuts AUM-based competitors as portfolios grow. The limits matter: no IRAs, no advice, a Bahrain-based three-person company, and marketing returns that are backtests rather than track record. Best used by self-directed taxable investors who want index-style exposure kept halal on autopilot.