IslamicStock - Screener India

Your one-stop place to find Shariah-compliant stocks using a screening method approved by renowned scholars and Islamic institutes.

IslamicStock app screening criteria.

The App lets you find halal stocks listed in Indian stock markets (NSE & BSE)

Six key criteria, set by renowned scholars, must be met for a company’s shares to be considered Sharia-compliant for investment.

1. The Business

2 . Income from non-Sharia-compliant investments

3 . Interest-bearing debt to total assets

4 . Illiquid assets to total assets ratio

5. Net liquid assets vs market capitalisation

6. Noncompliant investment to Total Assets

The thought

The stock market is one of the best places for investments. With the growing interest of people in the stock market, there was a requirement to address the needs of Muslims by imparting education about Shariah principles of investing and providing a unique platform to assist them in finding compliant stocks for free. This led to the development of IslamicStock.

Unique Feature

The Taqwa feature of our app is a unique concept that offers flexibility in screening stocks according to one's Taqwa. This unique concept allows one to apply stricter Shariah screening per one's choice.

Salient features

Beautiful, user-friendly UI.

Create watchlists for tracking stocks.

Create a portfolio to track your investments.

Get a real-time alert of different unique strategies.

Save data on the cloud.

The Academy section is designed to enhance one's knowledge of the stock market.

This app uses Apple's standard End User License Agreement (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/