IslamicStock - Screener India

IslamicStock Screener

In-app purchases

About this app

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.

Ratings and reviews

⭐⭐⭐⭐⭐ Excellent Islamic stock screener app! It makes checking Shariah-compliant stocks very easy and reliable. The subscription is available at an affordable and reasonable price, which gives great value for the features provided. One of the best things is that the app offers free subscriptions for Ulama and Huffaz, which is a wonderful initiative and highly appreciated. May Allah bless the team for helping the Muslim community invest according to Shariah principles. Highly recommended! 👍🏻

"As someone who was nervous about getting into the stock market because of Shariah concerns, this app has been a huge help. It simplifies the complex financial ratios (like interest-bearing debt) into simple 'Compliant' or 'Non-Compliant' statuses. The purification calculator is also a brilliant addition. It takes the guesswork out of my Zakat and cleansing process. Highly recommend for newcomers!"

Alhamdulillah, this application is very beautiful, with an interface that is both user-friendly and the best stock market application so far. It's particularly beneficial for the Indian Muslim community, as well as individuals working abroad from India.

What’s new

IPO Detail On Result Page
InAppUpdate Improvements
New Database Available
Trigger Time Available
Screener Detail Screen Search Bar Added
Most Searched Stocks Added
Data Updates Faster