Islamicly - Find Halal Stocks

ISLAMICLY

About this app

Islamicly is a retail app which would enable retail Muslim consumers to get the most accurate and well researched real time information on Shariah compliance of globally listed stocks, opening up the global equities markets for Islamic retail investors.
Islamicly app is the world's first Shariah Certified app for Shariah compliant equities

Key Features:

· Real time Shariah Compliant status for each stock globally - updated daily
· Gives daily compliance status of individual stock
· Create your own Portfolio and track your portfolio growth.
· Instant alerts for compliance changes in your portfolio stocks.
· Calculate your Purification values instantly.
· Request for new stock addition if not part of existing coverage

Mind behind Islamicly:

It is being launched from the stable of the world’s leading shariah equity screening and advisory firm having the backing of the world’s most respected shariah scholars. The team has the experience of screening shariah stocks for more than 20 years for some of the world's biggest Islamic financial institutions and Shariah compliant financial products around the world.

Frequently Asked Questions:

1.What is Islamicly App

Islamicly is an app that will help you discover and track Shariah Compliant stocks in most major markets in the world.

2.How is Islamicly App is different from others

This app offers the most up to date Shariah compliance status of stocks globally. It is backed by research conducted by one of the oldest and most comprehensive Shariah equity research firm having more than 2 decades of experience in this area.

3. What information can I find on the Islamicly App?

You can find the following information:

a. The latest Shariah compliant status of stocks listed in most global markets

b. The latest price information of the same (updated once a day)

c. The reason for Shariah compliance status of the stock

d. The dividend purification ratio of each stock

e. A forum to discuss Shariah compliant stocks, articles etc.

4. How can I find shariah compliant stocks on Islamicly App

Download the App and Register. The stocks in the Green color tabs are compliant and the ones in Red are non-compliant.

You may search stocks as well by either giving a name, ticker, market or sector as well.

5. How can I trust the information on the app?

We have built the app in the most credible manner as demonstrated below:

a. The research is conducted by the most experienced team in the Shariah equity screening space having 20 years of experience in this industry

b. Follows the Shariah screening criteria approved by the most respected Shariah scholars in the world

c. The screening is updated daily to ensure stocks are in compliance dynamically.

6. Can I invest in the Islamic companies mentioned on the app through Islamicly App?

At the moment, you cannot invest in Shariah compliant companies through the app. You will need to use your preferred stock broker to do the same i.e. you may check the Shariah compliant status of your choice of stocks and then invest in it through your preferred stock broker.

7. Can I create a portfolio for Shariah Compliant Stocks?

Yes, you can create a portfolio of your choice of stocks to help you track them. You may add and delete stocks based on your interests and requirement. If a stock in your portfolio turns non-compliant, you will be notified through the app notifications.

8. Is using this App free of cost?

The app is free to download. You can check one access market and see the compliance information of 20 stocks (pre-fixed). You can create two portfolios with 3 stocks each as free user. This should give you a good sense of what Islamicly has to offer. Most other features are for premium users.

A detailed comparison of free vs premium features is given on our website


9. Islamic App provides only Islamic stock information?

At the moment, this app will give you the tools to make your investments in stock Shariah compliant.

Ratings and reviews

The ideas and concepts and features in this app are amazing. It looks like alot of thought went into designing it to make a lot of data user friendly and accessible and easily viewable. However the execution and coding is Horrible! I am sorry. Even the basic features have major bugs. I made a portfolio, I added a stock, I add another stock and first stock is gone without even "unticking" the first one. Also, I was to change currency of portfolio and it changes back to original currency

I love the idea and I understand the need to make a living, I'm a developer myself. Spamming me with promotional code 4 times a day to subscribe through different channels. The app is slow and not very intuitive, have to click 2-3 times for something I expect to click once. The worst part is that you need to pay an expense subscription fee for each market!! Intention based on greed and not ajir. Would be happy with 1 time payment for each market or 1 subscription for all markets!

The App has regular updates for the compliant and non-compliant stocks and they are very good in this as they alert the user. Meanwhile, the package comes as mobile App for $100 or bundled with desktop for $200 qnd use to offer 50% discount. This year they decided to force users to buy the bundled package for $200 without any discount whether the desktop version is being used or NOT. Accordingly, i didn't renew my subscription and decided to use an alternative and reasonable App. Thx

What's new

Islamicly is certified for Shariah-compliant trading by Globally Renowned and pioneering Shariah scholars such as Dr Muhammed Elgari of Saudi Arabia, who is also a member of the AAOIFI Shariah Board.
Collaboration with over 32+ leading stock brokers globally ensures access to a wide range of global Muslims.
Trade right through the App: Islamicly App is now integrated to support trading functions so that all your trades are compliant at the time of execution.