Islamicly is an app that will help you discover and track Shariah Compliant stocks in most major markets in the world.
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.
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.
Very simple. Download the app, register and start using it
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.
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.
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. In future, we may be able to enable this feature to invest directly from the app.
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.
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. Do check out our low priced plans to benefit from Islamicly's full features.
A detailed comparison of free vs premium features is given on our website
Investments carried out in accordance with Shariah norms and standards are called Shariah Compliant Investments.
At the moment, this app will give you the tools to make your investments in stocks Shariah compliant.