Question 1

How does the halal stock screener work?

Accepted Answer

Mizaan checks companies against established Shariah compliance thresholds including debt-to-market-cap ratio, interest income as a percentage of revenue, and impermissible business activities. Stocks that pass all thresholds are considered Shariah-compliant by mainstream Islamic finance standards.

Question 2

Can I screen cryptocurrency for halal compliance?

Accepted Answer

Yes. Mizaan evaluates crypto tokens based on their underlying mechanics — whether they involve interest-bearing lending (riba), excessive speculation (gharar), or impermissible activities. Utility tokens, proof-of-stake networks, and DeFi protocols each raise different Shariah considerations.

Question 3

How does brokerage syncing work?

Accepted Answer

Connect your brokerage account to automatically import all your holdings. Your portfolio is continuously monitored for Shariah compliance with live prices, and positions requiring dividend purification are flagged. Zakat on investments is worked out in the Zakat calculator.

Question 4

Does Mizaan trade for me?

Accepted Answer

No. Mizaan is not a brokerage and never places trades or holds your money. Brokerage connections are read-only and used only to import holdings and dividends. Your money stays where it is.

Question 5

Is Zakat due on stocks and investments?

Accepted Answer

Contemporary bodies such as AAOIFI (Shari'ah Standard 35) and the OIC Fiqh Academy apply 2.5% to the company's zakatable assets per share for stocks held long term, and to the full market value for stocks held for trading. Mizaan's Zakat calculator uses the AAOIFI zakatable-portion method for long-term holdings, full market value for shares held for trading or when you choose it, and shows which rule was applied in the result. In Ja'fari fiqh, investments may be subject to Khums instead.

Salaam

Portfolio

Portfolio