Musaffa halal stock screener
Musaffa provides professional-grade halal stock screening tools with real-time compliance data and portfolio tracking. Musaffa is a comprehensive halal stock screening platform that helps Muslim investors identify Shariah-compliant stocks. It offers advanced filtering, real-time compliance updates, and portfolio management tools.
Official sources
What we could verify for Musaffa
Musaffa provides current official detail for pricing, provider-reported research coverage, its AAOIFI-focused ratio methodology, portfolio tools, purification, and the boundary between research and trade execution.
Checked Aug 30, 2026
Claims awaiting full review
- Musaffa's official pricing page lists Premium at 200 USD per year and reports coverage of more than 120,000 stocks and 8,200 ETFs.
- Musaffa reports coverage across 60 markets and provides halal ratings, detailed reports, portfolio tracking, purification, and zakat tools.
- Musaffa publishes an AAOIFI-focused methodology including 5% non-permissible revenue, 30% cash and interest-bearing assets, and 30% debt thresholds.
- Musaffa's public disclosure says Musaffa LLC is a U.S. SEC-registered investment adviser and not a broker-dealer.
What still needs checking
- Check the logged-in plan screen before subscribing, because plan names, country access, and trading functionality can change.
- Confirm whether investing access is available in the reader's country; research access and trading access are not the same thing.
- Review Musaffa's Form ADV and terms before treating any tool output as investment advice.
Official pages to verify
Verification is still incomplete
Supports current Premium pricing, free/paid feature split, provider-reported coverage, and plan limits.
Supports AAOIFI-focused business and financial-ratio screening details.
Supports product positioning and official brand/source identity.
This page is awaiting a full source review. Do not treat directory data or collected links as verified financial or Shariah evidence.
Quick verdict
Use Musaffa for screening, not for broker access
Musaffa belongs in the first step of the HalalInvestGuide decision graph: checking whether a stock, ETF, or fund appears to fit a Shariah screening methodology. It should not be treated as a broker, a personal fatwa, a tax answer, or proof that a Singapore user can buy the asset.
Best for
- Checking a stock or ETF before choosing a broker
- Comparing business activity, ratios, holdings, and methodology signals
- Keeping a repeatable evidence trail before a user makes an investing decision
Not enough for
- Opening or funding a brokerage account
- Confirming Singapore broker availability, CPF/SRS eligibility, or tax treatment
- Replacing qualified financial, tax, legal, or religious guidance for edge cases
Musaffa in the halal screening workflow
A screener helps answer the asset question before the platform question
| Step | Question | Notes to capture |
|---|---|---|
| 1. Identify | Which exact ticker or fund? | Record ticker, exchange, share class, fund name, or portfolio holding. |
| 2. Screen | What does the screener say? | Record status, methodology, business activity, ratios, holdings, and update date. |
| 3. Compare | Does another method disagree? | Check whether AAOIFI, index, app, or scholar methodology leads to a different result. |
| 4. Execute | Where can it be bought? | Move to broker, ETF product, or country page after the screening evidence is captured. |
Methodology checks before trusting a result
A green or red label is only useful when the method behind it is clear
What to inspect
- Business activity screens and prohibited revenue treatment.
- Financial ratio thresholds, including debt, cash, receivables, and interest income treatment.
- Holdings coverage for ETFs or mutual funds, not just the fund name.
- Last update date, data source, and whether the result is final, questionable, or needs review.
Where screeners can disagree
- Different standards can use different thresholds or calculation rules.
- Revenue classifications and segment data can be interpreted differently.
- Company financials, ETF holdings, and fund constituents can change after the last update.
- A screener result is a research input, not a personal ruling for every investor.
Singapore workflow after using a screener
Screening tells you what to research next, not where to click buy
If screening a stock
- Confirm the exact listing and exchange supported by your broker
- Check SGD/USD conversion, commission, custody, and statement records
- Avoid account features that create margin, lending, derivatives, or interest exposure
If screening an ETF or fund
- Open the factsheet, holdings, index methodology, expense ratio, and prospectus
- Confirm broker access and listing currency separately
- Do not claim CPF/SRS eligibility without official product and wrapper evidence
Where this screener fits in the HalalInvestGuide decision graph
Move from screening into comparison, product evidence, and broker access
Compare Musaffa with the right alternatives
Screeners, brokers, and managed portfolios have different jobs
Frequently Asked Questions
Is Musaffa halal?+
Musaffa is a screening or research tool, not an investment product by itself. Use it to review stocks, ETFs, funds, methodology, and evidence; do not treat the tool name as a halal ruling for every investment.
Does Musaffa replace a broker?+
No. Musaffa helps with screening and research. You still need a separate broker, fund platform, robo-advisor, or product provider to actually invest.
Can Singapore investors use Musaffa?+
Treat Singapore usability as evidence-dependent. The key checks are app access, supported markets, pricing, methodology coverage, and whether the exact stock, ETF, or fund you want to research is included.
Why can Musaffa and Zoya show different results?+
Screeners can differ because they use different data vendors, update schedules, thresholds, revenue treatment, fund-holdings data, and methodology interpretation. When results disagree, compare the business activity notes, financial ratios, holdings, and update dates.
Is a green screener result enough to invest?+
No. A green result is a research signal. You still need to check price risk, portfolio concentration, broker access, fees, tax records, purification needs, and whether your own methodology or adviser accepts the result.
What should I record from a screener result?+
Record the ticker or fund name, exchange, screening standard, status, business activity result, financial ratios, holdings where relevant, update date, source link, and any questionable or conflicting notes.