Ratio: Debt/Assets
Maximum Threshold: < 33%
Purpose: Ensures companies don't rely heavily on interest-based financing
Ratio: Interest Income/Revenue
Maximum Threshold: < 5%
Purpose: Limits exposure to interest-based income
Ratio: Cash + Interest Securities/Assets
Maximum Threshold: < 33%
Purpose: Prevents excessive holdings in interest-bearing instruments
App: Zoya
Key Features: Real-time screening, portfolio tracking
Pricing: From $9.99/month
Best For: Comprehensive monitoring
App: Islamicly
Key Features: Stock alerts, educational content
Pricing: From $8.99/month
Best For: Beginner-friendly interface
App: Musaffa
Key Features: Global stock coverage
Pricing: Free + Premium tiers
Best For: International investing
App: Simply Shariah
Key Features: Basic screening tool
Pricing: Free
Best For: Occasional stock checks
App: NoorVest
Key Features: Screening + portfolio management + financial planning
Pricing: Flat-rate model
Best For: Full-service wealth management
ETF Ticker: SPUS
Full Name: SP Funds S&P 500 Sharia
Focus Area: U.S. large-cap halal stocks
Expense Ratio: 0.49%Why Consider: Tracks Shariah-compliant S&P 500 companies
ETF Ticker: HLAL
Full Name: Wahed FTSE USA Shariah
Focus Area: Broad U.S. market exposure
Expense Ratio: 0.50%
Why Consider: Tech-heavy growth focus
ETF Ticker: SPSK
Full Name: SP Funds Dow Jones Sukuk
Focus Area: Global Islamic bonds
Expense Ratio: 0.59%
Why Consider: Fixed-income allocation
ETF Ticker: FIA
Full Name: Falah Russell-IdealRatings
Focus Area: Russell 1000 halal stocks
Expense Ratio: 0.60%
Why Consider: Broader market coverage
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Fund Type: Technology Sector Funds
Compliance Rate: 70-80% halal
Strategy: Primary allocation
Fund Type: Healthcare Funds
Compliance Rate: 65-75% halal
Strategy: Secondary allocation
Fund Type: Large-Cap Growth
Compliance Rate: 60-70% halal
Strategy: Conservative option
Fund Type: Target-Date Funds
Compliance Rate: Avoid
Strategy: Contains bonds (interest-bearing)
Stock: Microsoft
Ticker: MSFT
Dividend Yield: 2.1%
Payout Ratio: 35%
Why Consider: Consistent growth, strong cash flow
Stock: Apple
Ticker: AAPL
Dividend Yield: 1.8%
Payout Ratio: 25%
Why Consider: Regular increases, massive cash reserves
Stock: Texas Instruments
Ticker: TXN
Dividend Yield: 3.2%
Payout Ratio: 65%
Why Consider: Semiconductor leader, stable dividends
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Stock: Cisco Systems
Ticker: CSCO
Dividend Yield: 3.8%
Payout Ratio: 70%
Why Consider: Networking equipment, reliable payments
Platform: Charles Schwab
Commission-Free Trades: ✅
Halal ETF Access: All major halal ETFs
Research Tools: Excellent
Best For: Experienced investors
Platform: Fidelity
Commission-Free Trades: ✅
Halal ETF Access: Complete selection
Research Tools: Strong research
Best For: Research-focused investors
Platform: M1 Finance
Commission-Free Trades: ✅
Halal ETF Access: Automated portfolios
Research Tools: Good
Best For: Set-and-forget investing
Platform: Robinhood
Commission-Free Trades: ✅
Halal ETF Access: Basic selection
Research Tools: Limited
Best For: Mobile-first beginners
Platform: Wahed Invest
Management Fee: 0.49% + $5/month
Minimum Investment: $100
Key Features: Global diversification, sukuk allocation
Platform: ShariaPortfolio
Management Fee: 0.40% - 1.50%
Minimum Investment: $1,000
Key Features: Tax-loss harvesting, established track record
Platform: NoorVest
Management Fee: Flat-rate annual fee (varies by service level)
Minimum Investment: Contact for minimums
Key Features: Comprehensive wealth management, financial planning, dedicated advisors, Shariah-certified portfolios