If you're building Islamic finance applications, you need reliable data. As of 2026, four platforms offer some form of API access for Shariah compliance data. Here's how they compare — from a developer who's tested all of them.
Platform Comparison
| Feature | Halal Terminal | Musaffa API | Zoya API | Finispia |
|---|---|---|---|---|
| Endpoints | 58+ | ~10 | ~15 | ~5 |
| Screening Methodologies | 5 (AAOIFI, DJIM, FTSE, MSCI, S&P) | Multiple | 1 (proprietary) | 1 |
| ETF Screening | Per-holding breakdown | Basic | Yes | No |
| Bulk Screening | Full indices (async) | No | No | No |
| Zakat Calculator | Yes | No | No | No |
| Purification Calculator | Yes | Yes | Yes | No |
| Financial Ratios | Full transparency | Limited | Limited | Pass/fail only |
| MCP Server | 22 tools, 7 resources | No | No | No |
| OpenAPI/Swagger | Yes | Yes | Yes | No |
| Free Tier | 50 calls/month | Limited | Sandbox | Trial |
| Paid Plans | From $29/mo | Custom pricing | Custom pricing | Custom pricing |
| Stocks Covered | 50,000+ | 200,000+ | 10,000+ | 8,000+ |
| Documentation | Interactive Swagger + ReDoc | Basic docs | Good docs | Minimal |
| Response Time | <500ms (cached) | Varies | Varies | Varies |
Halal Terminal API
Best for: Developers who need comprehensive Islamic finance data with maximum transparency.
Halal Terminal is the most feature-rich option with 58+ endpoints covering screening, ETFs, zakat, purification, dividends, news, SEC filings, and more. The standout features are:
- 5 simultaneous methodologies — no other API returns AAOIFI, DJIM, FTSE, MSCI, and S&P results in a single call
- Full ratio transparency — actual debt/assets, cash/market-cap ratios, not just pass/fail
- MCP server — the only Islamic finance platform with AI agent integration
- Async bulk screening — screen entire indices (S&P 500, NASDAQ 100) in one operation
- ETF per-holding analysis — compliance breakdown for every holding in an ETF
# One call, 5 methodologies, full ratios
curl https://api.halalterminal.com/api/screen/AAPL \
-H "X-API-Key: YOUR_KEY"Musaffa API
Best for: Applications that need the broadest stock coverage (200K+ securities).
Musaffa's API provides basic screening data for the largest number of securities. If you need to check compliance for small-caps, international stocks, or less common securities, Musaffa has the broadest database. However, the API is more limited in functionality — no bulk screening, limited ETF analysis, and less ratio transparency.
Zoya API
Best for: Developers who want a clean, well-documented API with a sandbox environment.
Zoya's developer portal is well-designed with a sandbox environment for testing. The API covers basic screening, ETF data, and purification calculations. The limitation is a single proprietary methodology — you can't compare across AAOIFI, DJIM, etc.
Finispia
Best for: Simple pass/fail screening for a limited set of stocks.
Finispia offers the most basic API — simple compliance checks without ratio transparency or methodology comparison. Suitable for applications that only need a binary halal/not-halal answer for major stocks.
Making Your Choice
| Your Need | Recommended API |
|---|---|
| Maximum features and transparency | Halal Terminal |
| Broadest stock coverage | Musaffa |
| Clean developer experience | Zoya |
| Simple pass/fail checks | Finispia |
| AI/MCP integration | Halal Terminal (only option) |
| Bulk index screening | Halal Terminal (only option) |
| Multi-methodology comparison | Halal Terminal (only option) |
Build with Halal Terminal
Halal Terminal API
58+ endpoints, 5 screening methodologies, ETF analysis, zakat calculators, and MCP tools. Free tier available.
Key Takeaways
- Halal Terminal — most endpoints (58+), most methodologies (5), only MCP server
- Musaffa — broadest coverage (200K+ securities), basic API
- Zoya — cleanest developer experience, sandbox environment
- Finispia — simplest option, limited features
- For new projects, start with Halal Terminal's free tier for maximum flexibility