Halal Decision Tools
Halal Decision Tools are HalalWallet's free calculators built specifically for Islamic finance structures - no account or signup required.
Islamic finance involves unique structures and obligations that standard financial tools don't account for. These free calculators are designed specifically for Muslim Americans - whether you need to calculate Zakat on complex assets, compare Islamic mortgage costs against conventional baselines, work out Faraid inheritance shares, or assess how aligned your finances are with Shariah principles. Each tool runs entirely in your browser with no account required.
Halal Finance Score
Free 2-minute assessment across 7 categories - get your personalized score and action plan.
Zakat Calculator
Estimate Zakat for cash, investments, retirement accounts, real estate, and business assets.
Halal Mortgage Calculator
Compare Murabaha and Ijara-style financing scenarios against conventional mortgage baselines.
Halal Retirement Calculator
Project Shariah-compliant IRA & 401(k) growth with halal equity return assumptions and purification estimate.
Islamic Inheritance (Faraid) Calculator
Calculate each heir's share of an estate under Quranic distribution rules - house, land, and savings alike.
Investment Purification Calculator
Calculate how much of your investment returns to purify for Shariah compliance.
Halal Auto Financing Calculator
Model Murabaha, Ijara, and Musharakah car financing against a conventional loan, with the early-payoff question and a live provider list.
Robo-Advisor vs DIY Cost Calculator
Compare a halal robo-advisor's full fee stack with holding halal ETFs yourself over 1-40 years, net of your own time.
Halal ETF Comparison Tool
Every U.S.-listed Shariah-screened ETF side by side: expense ratio, AUM, holdings, screening index, oversight, verification date.
Business Financing Structure Chooser
Four questions to the Islamic contract that fits (Murabaha, Ijara, Musharakah, Istisna, Qard Hasan) and the U.S. providers who publish it.
Halal Savings Decision Tool
Emergency fund, down payment, or hajj: see which halal vehicle fits your date and which live FDIC-insured accounts match.
Why Halal-Specific Tools?
Standard financial calculators assume conventional interest-based products. An Islamic mortgage uses diminishing partnership (Musharakah) or cost-plus (Murabaha) - the math is fundamentally different. Zakat obligations apply to specific asset classes with distinct rules for gold, stocks, retirement accounts, and business inventory. And Islamic inheritance (Faraid) follows Quranic distribution ratios that no generic estate planner covers. These tools give you accurate numbers based on the actual structures you're using.
What are HalalWallet's Halal Decision Tools?
Halal Decision Tools are HalalWallet's suite of free calculators and decision tools built for Islamic finance structures: Zakat, halal mortgage, retirement, Faraid inheritance, purification, halal auto financing (Murabaha, Ijara, Musharakah), robo-advisor vs DIY investing cost, a live halal ETF comparator, a business financing structure chooser, and a halal savings decision tool. The auto, business, ETF, and savings tools pull live provider data with verification dates from the HalalWallet directory. All are free with no account or signup required.
- Eleven free tools, no account or signup required
- Built for Islamic finance structures, not generic calculators
- Auto, business, ETF, and savings tools use live provider data with verification dates
- Every tool ends with the questions to bring to your scholar and provider
- Zakat, Faraid, and purification follow documented scholarly rules
Source: HalalWallet (halalwallet.us)