The halal investing ecosystem has matured significantly. In 2026, Muslim investors have multiple apps and platforms to choose from — each with different strengths, methodologies, and pricing models. We compared the top five platforms using real feature data, not marketing claims.
Platform Overview
| Platform | Type | Best For | Pricing | Stocks Covered |
|---|---|---|---|---|
| Zoya | Consumer app | Retail investors wanting simple screening | Free basic / $9.99/mo premium | 10,000+ |
| Musaffa | Consumer app | Broad coverage and educational content | Free basic / $11.99/mo premium | 200,000+ |
| Islamicly | Consumer app | Global markets (India, UK, Asia focus) | Free basic / Premium available | 30,000+ |
| Wahed Invest | Robo-advisor | Passive investors wanting managed portfolios | 0.49-0.79% AUM fee | N/A (managed funds) |
| Halal Terminal | API platform | Developers, fintechs, power users | Free tier (50 calls/mo) / From $29/mo | 50,000+ |
Feature Comparison
| Feature | Zoya | Musaffa | Islamicly | Wahed | Halal Terminal |
|---|---|---|---|---|---|
| Stock screening | Yes | Yes | Yes | No | Yes (API) |
| ETF screening | Yes | Yes | Limited | Own ETFs only | Yes (per-holding) |
| Multiple methodologies | 1 (proprietary) | Multiple | 1 (AAOIFI-based) | Opaque | 5 (AAOIFI, DJIM, FTSE, MSCI, S&P) |
| Purification calculator | Yes | Yes | Yes | Automatic | Yes (API) |
| Zakat calculator | Yes | Yes | No | Yes | Yes (API) |
| Portfolio tracking | Yes | Yes | Limited | Yes (managed) | Yes (API) |
| API access | Limited | Basic | No | No | 58+ endpoints |
| MCP (AI tools) | No | No | No | No | 22 MCP tools |
| Bulk screening | No | No | No | No | Yes (full indices) |
| Financial ratios shown | Limited | Limited | Limited | None | Full transparency |
| Mobile app | iOS + Android | iOS + Android | iOS + Android | iOS + Android | No (API-first) |
Which Platform Should You Choose?
For Retail Investors: Zoya or Musaffa
If you want a polished mobile app to screen stocks before buying them through your brokerage, Zoya offers the cleanest experience with excellent ETF coverage. Musaffa has broader stock coverage (200K+ securities) and more educational content.
For Passive Investors: Wahed Invest
If you don't want to pick individual stocks and prefer a "set and forget" approach, Wahed's managed portfolios (HLAL, UMMA, KWIN ETFs) offer diversified halal exposure with automatic purification.
For Developers and Fintechs: Halal Terminal
If you're building an Islamic finance product, need bulk screening, or want to integrate Shariah compliance into your application, Halal Terminal is the only platform offering a comprehensive API with 58+ endpoints, 5-methodology screening, and MCP tools for AI integration.
For Global Markets: Islamicly
If you invest in Indian, UK, or Southeast Asian markets, Islamicly has the best coverage of non-US markets with AAOIFI-focused screening.
Many Muslim investors use a consumer app (Zoya/Musaffa) for quick stock checks, a managed fund (Wahed) for passive allocation, and the Halal Terminal API for deeper analysis or building tools. These platforms complement each other.
Two ways to screen
Halal Terminal
Screen stocks and ETFs interactively with real-time data, multi-methodology verdicts, and transparent financial ratios.
Key Takeaways
- Zoya — best consumer app for US stock/ETF screening
- Musaffa — broadest stock coverage (200K+) with educational content
- Islamicly — best for non-US markets (India, UK, Asia)
- Wahed — best for passive, managed halal portfolios
- Halal Terminal — best for developers, API access, and multi-methodology transparency