Amal Invest Review
Co-Founder & CEO, HalalWallet
Reviewed quarterly and updated when provider terms, ratings, or coverage change.
Y Combinator-backed platform that rebuilds mainstream ETFs and mutual funds into Shariah-compliant versions inside the investor's own brokerage account (Alpaca in the US), with continuous automated re-screening and a one-time lifetime fee.
Opens provider's site - no obligation
HalalWallet is an independent, education-only comparison site. Some outbound links earn referral fees.Advertiser disclosure
Important: HalalWallet is not a lender, mortgage broker, loan originator, or settlement agent. We are an educational comparison site and do not originate applications on your behalf.
Items marked “Featured” may include paid placement in that module. Where you control sort order (tables, filters), your selection applies.
Referral fees typically come from the provider's marketing budget and should not increase what you pay - you should receive the same terms as visiting providers directly; confirm with the provider. How we make money · Methodology · Legal disclosures
HalalWallet 2026 Review
Amal Invest - At a Glance
1
Products Reviewed
50
States Served
1
Category
2021
Founded
Shariah Compliance Review
Oversight Level
Third-Party Certified - externally verified for compliance
Amanah Advisors reviewed the platform and issued a Shariah compliance certificate; screening data from Zoya per AAOIFI standards; continuous automated re-screening.
Shariah compliance should always be verified directly with Amal Invest. HalalWallet reports publicly available oversight information but does not issue fatwas or certify compliance.
Bottom Line
Review the products listed above and compare Amal Invest with other providers. Confirm terms and Shariah documentation directly with Amal Invest.
Products from Amal Invest
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.
Opens provider site - no obligation
HalalWallet is an independent, education-only comparison site. Some outbound links earn referral fees.Advertiser disclosure
Important: HalalWallet is not a lender, mortgage broker, loan originator, or settlement agent. We are an educational comparison site and do not originate applications on your behalf.
Items marked “Featured” may include paid placement in that module. Where you control sort order (tables, filters), your selection applies.
Referral fees typically come from the provider's marketing budget and should not increase what you pay - you should receive the same terms as visiting providers directly; confirm with the provider. How we make money · Methodology · Legal disclosures
Where Available
Based on listings we track, Amal Invest operates nationwide across the U.S.:
Nationwide availability
Availability may vary by product type. Always verify current availability directly with Amal Invest.
How We Compare
- • We review publicly available information from providers, including Shariah compliance documentation.
- • We compare financing structures, total costs, down payment requirements, and state availability.
- • We prioritize providers that clearly explain their halal compliance rationale and operate with transparency.
- • We note which products are available nationwide versus regionally.
- • Learn more about our methodology.
Amal Invest is in HalalWallet's independent directory for Investing, with listings covering nationwide across the U.S.. Structures we list: Fund reconstruction with AAOIFI screening (via Zoya). Confirm terms and Shariah documentation directly with Amal Invest.
- Amal Invest currently has 1 product in our listings (Investing).
- Coverage we list: nationwide across the U.S..
- Contract structures we list: Fund reconstruction with AAOIFI screening (via Zoya).
- Always verify compliance directly with Amal Invest and consult qualified Islamic finance advisors when needed.
- Compare Amal Invest with other providers on HalalWallet before you apply.
Source: HalalWallet (halalwallet.us)
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.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-09-01
How to cite this page
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For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.
Related Guides
Frequently Asked Questions
What types of halal products does Amal Invest offer?
Amal Invest has 1 product we currently list across 1 category. Structures we list: Fund reconstruction with AAOIFI screening (via Zoya). Review the products listed above for current offerings. Confirm terms directly with Amal Invest.
How does Amal Invest ensure Shariah compliance?
Review Amal Invest's publicly available Shariah compliance documentation, understand the product structures they use, and check for independent oversight or Shariah board involvement. Always verify compliance directly with Amal Invest and consult with qualified Islamic finance advisors for guidance on specific products.
Is Amal Invest available in my state?
Amal Invest operates nationwide across the U.S., though specific products may have regional limitations. Always verify current availability directly with Amal Invest.
Are Amal Invest's products more expensive than conventional options?
Halal financing structures can have different fee structures compared to conventional products. Some options may be competitive with conventional rates, while others may have different cost structures. Pricing varies by product type, location, and individual circumstances. Always compare total costs and terms when evaluating options.
How do I contact Amal Invest?
Visit Amal Invest at amalinvest.com/, or use the product links on this page.
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