Halal, always
Halal is the platform, not a filter.
Every stock on Alpha is screened under AAOIFI Shariah standards. If one stops qualifying, it leaves your watchlist and you are told.
How screening works, in plain words
What the company doesBusinesses built on alcohol, gambling, conventional interest or other prohibited activity are excluded.
How it is financedToo much interest-bearing debt, or too much income from interest, and the stock does not pass.
Checked continuouslyStocks are re-screened, and a confirmed change reaches you as an alert.
Coming next
An ethical screen, beside the halal one.
For investors who also care about how companies behave. We will share the criteria before it goes live.
A note on scholarsWe are a technology platform, not a religious authority. For a definitive ruling on your situation, ask a scholar you trust.
Invest in line with your values.
Free to start on iPhone and Android.