IslamicStock - Screener India 5.2024.1470

Your one-stop destination for identifying Shariah-compliant stocks through a screening method endorsed by distinguished scholars and Islamic institutions.

IslamicStock app screening criteria:

• Business
• Income from non-Shariah compliant investments
• Interest-bearing debt to total assets ratio
• Illiquid assets to total assets ratio
• Net liquid assets versus market capitalization
• Non-compliant investment to Total Assets ratio

The concept:

The stock market is a prime avenue for investments, attracting a growing number of individuals. Recognizing the necessity to cater to the needs of Muslims by educating them on Shariah investment principles and providing a dedicated platform for discovering compliant stocks, the IslamicStock app was developed.

Distinctive Feature:

The Taqwa feature of our application introduces a novel idea that enables users to customize stock screening according to their individual level of piety. This innovation permits users to implement more stringent Shariah screening based on personal preferences.

Key features:

• Intuitive and aesthetically pleasing user interface
• Creation of watchlists for monitoring stocks
• Portfolio creation for tracking investments
• Real-time alerts for various unique strategies
• Data storage on the cloud for convenience
• Academy section to enhance understanding of the stock market