IslamicStock - Screener India app for iPhone and iPad
Developer: Ishrat Khan
First release : 14 Jun 2022
App size: 50.59 Mb
Detail explanation of IslamicStock app and screening criteria.
There are broadly five key criteria that a company must pass in order to be considered a sharia-compliant halal investment. These are screening criteria according to Mufti Taqi Usmani, which must be met in order for a company’s shares to be a halal Islamic 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 v market capitalisation
These criteria also followed by Zakir Naik and other scholar also.
Its a free app , that let you find halal stocks from the Indian stock market all stocks are available NSE, BSE.
App shows if stock is shariah compliant or not Shariah compliant and gives you free report why any stock is Halal or why its not Compliant.
We do our best to screen stocks as accurately as possible. Please let us know by email if you spot an error or find something questionable.
Jazaak Allahu khairan.