Musaffa Halal ETF Finder

Halal Investing in Wisconsin

Musaffa's ETF Finder applies holdings-level Shariah screening to 8,241 ETFs - every constituent tested against the published AAOIFI ratios rather than trusting a fund's label. The verdict at the August 2026 check: just 72 of 3,764 US-listed ETFs rated halal, which is precisely why the tool matters - mainstream funds like VOO, QQQ, and SPY are screened alongside dedicated Islamic products so investors can see exactly why they fail. Ratings update quarterly under a methodology certified by Amanah Advisors and overseen by a sitting AAOIFI Shariah Board member, with C- to A+ grades and compliance filters.

The ETF Finder earns its keep with one number: at the August 2026 check only 72 of 3,764 US-listed ETFs passed Musaffa's AAOIFI screening. Fund labels tell you almost nothing - an ETF is just a wrapper around dozens or hundreds of companies, any of which can sink its compliance - and this is the most systematic public attempt to screen at the holdings level. The workflow is clean: check any fund including mainstream giants, see the failing ratios, filter the survivors by grade, and buy through your own broker. Quarterly rating updates keep verdicts current as fund compositions drift. It pairs naturally with the stock screener under the same $72/year Foundation plan, which remains the cheapest full-featured compliance subscription in the space. For passive halal investors, this is the due-diligence tool to run before every fund purchase.