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 Wealth Management
Halal Investing in South Carolina
Best for: Self-directed halal wealth management
ShariaPortfolio Access is the flagship wealth-management program of the Lake Mary, Florida specialist behind the SP Funds ETFs: a fee-only, fiduciary separately-managed-account service for clients with $100,000 or more, pairing a dedicated personal advisor with customized AAOIFI-screened portfolios of halal stocks and funds. Clients get exclusive access to SP Funds RE, a 100% cash, zero-mortgage private real estate fund for accredited investors (1.20% annual management fee), plus alternative assets, Schwab custody, and the firm's purification and zakat tooling. Sharia oversight is by named advisor Shaykh Umer Khan, with per-fund certificates on the affiliated ETFs.
Access is the full-relationship version of ShariaPortfolio: a dedicated advisor, custom AAOIFI-screened portfolios, and the alternatives shelf - notably SP Funds RE, a genuinely debt-free private real estate fund that almost nothing else in the US halal market matches. The firm's two decades of specialization and its role sub-advising the SP Funds ETFs give it institutional depth beyond the typical boutique RIA. Two flags for diligence: fees are tiered and negotiable but not published, so get the schedule in writing and compare against the roughly 1% norm for full-service management; and the sharia function is one well-credentialed mufti (Shaykh Umer Khan, Wharton MSF) plus Imam Omar Suleiman in an ethical-advisory role, rather than a standing multi-scholar board. For six-figure clients who want a hands-on halal advisory relationship, it is among the most complete offerings available.
Pros
- Comprehensive wealth management under AAOIFI-aligned screening
- Individual, IRA, and Roth IRA accounts supported
- Named Sharia advisor (Shaykh Umer Khan) oversees the methodology
- Available nationwide in all 50 states
Cons
- Advisory fee tiers are not published - pricing requires a conversation or the Form CRS
- $100,000 minimum excludes newer investors (the Express tier covers them at $1,000)
- Sharia oversight rests on a named advisor rather than a formal multi-scholar board
Wealth ManagementNationwideEst. 2013
Updated August 2026
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Product Details
Type
Investment Platform
Min Investment
$100,000
Account Types
Individual, IRA, Roth IRA
Screening Method
AAOIFI standards
ShariaPortfolio in South Carolina
ShariaPortfolio's Wealth Management is available to investors in South Carolina, structured as a Wealth Management. South Carolina is home to an estimated ~7K Muslims (0.1% of the population) (World Population Review, 2020 estimates). ShariaPortfolio operates nationwide, so South Carolina residents have full access to this product.
Shariah 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
2026-08-05
State Availability
ShariaPortfolio serves all 50 states + DC
✓ Available nationwide including South Carolina
Start Investing - ShariaPortfolio
Visit ShariaPortfolio's website to get current terms, check eligibility for South Carolina, and get started today.
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Compare With Other Options in South Carolina
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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 Wealth Management?
ShariaPortfolio Access is the flagship wealth-management program of the Lake Mary, Florida specialist behind the SP Funds ETFs: a fee-only, fiduciary separately-managed-account service for clients with $100,000 or more, pairing a dedicated personal advisor with customized AAOIFI-screened portfolios of halal stocks and funds. Clients get exclusive access to SP Funds RE, a 100% cash, zero-mortgage private real estate fund for accredited investors (1.20% annual management fee), plus alternative assets, Schwab custody, and the firm's purification and zakat tooling. Sharia oversight is by named advisor Shaykh Umer Khan, with per-fund certificates on the affiliated ETFs.
What Shariah oversight does ShariaPortfolio Wealth Management have?
ShariaPortfolio manages all investments in accordance with AAOIFI’s Shariah standards, ensuring every portfolio aligns with halal principles and excluding interest-based or prohibited income sources.
Is ShariaPortfolio Wealth Management available in South Carolina?
Yes. ShariaPortfolio Wealth Management is available nationwide, including South Carolina. 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 Wealth Management use?
ShariaPortfolio Wealth Management uses a Wealth Management structure. This is a Shariah-compliant financing arrangement that avoids interest (riba).
How do I apply for ShariaPortfolio Wealth Management in South Carolina?
You can apply for ShariaPortfolio Wealth Management directly through the provider's website. Visit their official site to start your application, check current requirements, and get personalized information for South Carolina residents.
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Reviewed by: HalalWallet Editorial Team•Last reviewed: 2026-09-01•Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.
Reviewed monthly and updated when product availability or terms change.
RM
Robert Mallon
Co-Founder, HalalWallet
How to use this comparison: HalalWallet is an independent educational comparison platform - by design, we do not provide financial, legal, or religious advice. We do the research homework so your final checks are quick and personal.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
- Confirm current terms and halal compliance directly with the provider - their quote is final.
- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
- Bring your shortlist to a qualified Islamic finance advisor or scholar, so the conversation is about your situation, not the basics.