Halal stock screening is harder than it looks. A genuinely compliant screen has to do two things: exclude prohibited business activities (the easy part), and check the financial ratios (interest-bearing debt, non-compliant income, liquidity) against a standard like AAOIFI (the part most tools skip or simplify). This post compares the 7 halal screening apps that matter in 2026 on how rigorously they do the second part.
Disclosure: invest-like.com is on this list and I built it. I have tried to be fair about where the dedicated halal-only apps go deeper.
The 7 apps
1. Zoya - the popular dedicated halal screener
What it does: fast per-stock compliance verdicts, a purification calculator, and portfolio-level compliance monitoring. Well-designed mobile app.
Price: free basic tier, premium around 100 USD/year.
Best for: Muslim investors who want a clean, purpose-built compliance checker.
Weakness: it is a compliance tool first; it does not tell you whether the halal stock is a good business at the price.
2. Musaffa - screening plus education
What it does: compliance screening on a large universe, purification, and a strong education library.
Price: free tier, premium roughly 10 USD/month.
Best for: newer investors who want screening and learning in one place.
Weakness: analysis depth on the investment merits is limited.
3. Islamicly - broad market coverage
What it does: covers a wide set of global exchanges with compliance status and alerts.
Price: subscription tiers, roughly 5 to 15 USD/month.
Best for: investors in non-US markets who need local exchange coverage.
Weakness: the interface and data freshness vary by market.
4. invest-like.com Halal Mode - compliance plus a value verdict
What it does: applies an AAOIFI Standard 21 style screen (business activity plus the financial ratios), then layers it on top of the seven-framework value verdict and AI reasoning. So you get "is it halal" and "is it a good business at this price" in one view, with a Halal Consensus index of stocks that pass both.
Price: free tier includes the halal screen and rankings, Pro 15 EUR/month.
Best for: investors who refuse to separate "is it compliant" from "is it worth owning."
Weakness: it is not a purification-first workflow; dedicated apps like Zoya have a more polished purification calculator. Disclosure: I built it.
5. Wahed - halal robo-advisor (different category)
What it does: a managed halal portfolio rather than a screener. You deposit and it invests in a compliant, diversified mix.
Price: management fee, typically under 1 percent/year.
Best for: hands-off investors who want a compliant portfolio managed for them.
Weakness: not a screening tool; you cannot analyze individual stocks.
6. IdealRatings - the institutional standard
What it does: the compliance data provider many banks and index providers actually use behind the scenes.
Price: institutional pricing.
Best for: professionals and institutions, not individuals.
Weakness: not built for retail; access and cost are institutional.
7. Finispia - lightweight compliance checks
What it does: quick compliance lookups with a simple interface.
Price: free and low-cost tiers.
Best for: a fast second-opinion compliance check.
Weakness: shallow on both analysis and coverage.
Compliance depth at a glance
| App | Business screen | Financial ratios | Investment analysis | Purification |
|---|
| Zoya | Yes | Yes | No | Yes |
| Musaffa | Yes | Yes | Light | Yes |
| Islamicly | Yes | Yes | No | Some |
| invest-like Halal Mode | Yes | Yes (AAOIFI 21 style) | Yes (7 frameworks) | No |
| Wahed | Managed | Managed | Managed | Managed |
| IdealRatings | Yes | Yes | No | Yes |
| Finispia | Yes | Light | No | No |
How to choose
If you only need to know whether a stock is compliant, a dedicated app like Zoya or Musaffa is the cleanest choice. If you want to know whether a compliant stock is also a quality business worth owning at the current price, you need an app that pairs the screen with real analysis, which is the specific gap invest-like.com Halal Mode was built to fill. Many serious investors use both: a purification-focused app for the compliance record and an analysis tool for the buy decision.
Common questions
What screening standard should a halal app use? AAOIFI is the most widely referenced standard for equities. Check whether the app screens the financial ratios (debt, non-compliant income, liquidity), not just the business sector, because ratio screening is where the real compliance work happens.
Is halal screening enough to pick a stock? No. Compliance tells you a stock is permissible, not that it is a good investment. Pair the screen with valuation and quality analysis.
Are there free halal screening apps? Yes. Zoya, Musaffa and invest-like.com all have free tiers that cover per-stock compliance.
Do halal stocks underperform? Not inherently. Compliant screens tilt toward lower-debt, cash-generative businesses, which historically overlaps with quality value investing. See the intersection study below.
Further reading
Educational only. Not investment advice, and not a fatwa.